KUALA LUMPUR: Malakoff Corporation Bhd
returned to the black in the financial year ended Dec 31, 2024 (FY2024) with a net profit of RM268.69 million from a net loss of RM837.16 million in FY2023.
At the same time, revenue for the year under review eased by 1.1 per cent to RM8.97 billion from RM9.07 billion previously, mainly attributed to lower energy payment recorded from Tanjung Bin Power Sdn Bhd (TBP) due to the decline in applicable coal price (ACP).
