NCT Alliance returns to the black in Q2


NCT Alliance executive chairman and group managing director of Datuk Seri Yap Ngan Choy (pic) said: “We are pleased to continue our momentum, underpinned by our strategic plans to expand our presence in the property sector as a leading property developer."

PETALING JAYA: ​​NCT Alliance Bhd has returned to the black for the second quarter ended June 30 after posting a net profit of RM9.48mil compared to a net loss of RM417,000 a year earlier.

Formerly known as Grand-Flo Bhd, the company’s revenue more than doubled to RM49.23mil from RM18.88mil previously.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

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!
   

Next In Business News

Boon or bane?
Bane or boon?
Staying RE-laxed in Malaysia
GDP growth on track with 5.3% 3Q expansion
Planters on better footing for monsoon
Beware the tax
It looks terrific for terraced houses
HR challenges in strata property
Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated

Others Also Read