Sarawak-based infrastructure company Hock Seng Lee Bhd said value of projects in hand remained at an historical high of RM3.3bil.
KUALA LUMPUR: Sarawak-based infrastructure company Hock Seng Lee Bhd posted higher net profit of RM16.43mil in the second quarter ended June 30,2019 underpinned by higher revenue from its construction projects.
It said on Thursday the net profit increased by 16.4% from the RM14.12mil a year ago. Its revenue increased by 13.7% to RM175.41mil from RM154.24mil a year ago. Earnings per share were 2.99 sen compared with 2.57 sen. It declared an interim dividend of one sen a share, similar to a year ago.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
