Green Packet turns EBITDA positive


Group managing director and CEO CC Puan (pic) is confident that the wave of digital transformation will drive Green Packet’s future prospects as more individuals, companies and governments are embracing the utilisation and adoption of digital services and processes.

PETALING JAYA: Green Packet Bhd turned EBITDA (earnings before interest, taxes, depreciation, and amortisation) positive to RM20,000 in the third quarter ended Sept 30,2020 compared with an EBITDA loss of RM6.45mil in the previous quarter.

Revenue was 12% quarter-on-quarter higher at RM162.7mil.

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.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Green Packet CC Puan , EBITDA , MyTV ,

   

Next In Business News

Globetronics shares rally in early trade after Taiwan deal
Nissan to cut or transfer about 1,000 jobs in Thailand, sources say
Singapore Q3 GDP up 5.4% y-o-y, higher than advance estimate; 2024 forecast upgraded
Ringgit extends uptrend against greenback in early trade
FBM KLCI rebounds as Wall Street returns to a rally
Trading ideas: PetDag, Atlan, Thong Guan, Maxim, Globetronics, 7-Eleven, Petron, DRB-Hicom, Dayang, MSM, Aeon, SunCon, UEM Sunrise
Oil rises 2% as Russia-Ukraine war escalates
Wall St ends higher as Dow, S&P hit one-week tops
7-Eleven’s quarterly revenue climbs
SimeProp seeks quality assets for recurring income

Others Also Read