The lower profit was due to higher tax expense recognised in relation to higher taxable income as the company recorded slightly improved pre-tax profit.
PETALING JAYA: Cahya Mata Sarawak Bhd
’s (CMS) net profit for the first quarter ended March 31, 2022 dipped by 7% to RM72.02mil compared with RM77.80mil in the previous corresponding quarter.
The lower profit was due to higher tax expense recognised in relation to higher taxable income as the company recorded slightly improved pre-tax profit.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!
