Powernet eyes energy, utility sectors as company returns to profit in Q4


KUALA LUMPUR: The new management at Kumpulan Powernet Bhd is seeking opportunities to expand into the energy, utilities, infrastructure and logistic sectors after the company posted a turnaround its last quarter.

In the last three month ended June 30, Powernet made a net profit of RM2.3mil compared with a loss of RM1.4mil previously.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Powernet

   

Next In Business News

Step back and watch
Bull waits for liquidity to return
Magnum can strike it big again
All sails set for MISC-Bumi Armada merger
Dicey days for chip makers
After a homeowner passes
A stinky nuisance: When septic tanks burst
Decarbonising cement: Are we ready?
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Shedding light on power sector prospects

Others Also Read