File pic: MMC Corp managing director Datuk Seri Che Khalib Mohamad Noh said in MMC’s latest annual report that the group is targeting to expand its business overseas to diversify its income.
PETALING JAYA: MMC Corp Bhd posted 8% increase in net profit to RM57.88mil for the first quarter ended March 31, from RM53.52mil a year earlier despite lower revenue recorded.
The ports and power plant operator and construction conglomerate attributed the higher earnings to its newly acquired subsidiary, Alam Flora Sdn Bhd, improved contributions from Port of Tanjung Pelepas and Johor Port Bhd, as well as stronger earnings from Malakoff Corp Bhd.
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