SCIB's earnings, revenue jumps significantly in FY20


SCIB CEO Rosland Othman

KUALA LUMPUR: Sarawak Consolidated Industries Bhd’s (SCIB) net profit jumped to RM52.17 million in its financial year ended Dec 31, 2020 (FY20) from RM3.15 million in FY19.

Revenue for FY20 appreciated by 499.69 per cent to RM516.02 million from RM86.05 million year-on-year, as the construction and engineering, procurement, construction, and commissioning (EPCC) segment being the biggest revenue contributor to the group at RM449.9 million.

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