WCT 2Q net profit drops 47% on lower engineering contribution
The construction group’s revenue for the quarter declined 33% to RM450.11 million from RM669.9 million in the previous year.
The construction group’s revenue for the quarter declined 33% to RM450.11 million from RM669.9 million in the previous year.
Seacera Ceramics Sdn Bhd was yesterday served with a notice of default by Ambank Islamic Bhd for RM12.91 million, arising from facilities granted to the company.
Rosli testified that while Morais did not participate in the investigation of SRC, he is not sure whether the slain civil servant was involved in the graft-buster's 1MDB probe.
However, it managed to post a net profit of RM148.03 million for the cumulative 14-month period.
The MACC officer said they took Suboh's statements six times, the first of which was recorded in Abu Dhabi.
It was reported Sept 6 last year that Ivy Craft had refuted the claim in its entirety and intended on fully defending the claim brought by Tatum.
In a statement this morning, Malaysia Airports said the systems disruption had caused flights delays.
Net profit for 2QFY19 rose to RM37.29 million from RM12.74 million in the corresponding period last year.
The acquisition is its second this year after it announced it was buying MPSB Venture Sdn Bhd for RM28 million in May.