Mega First 3Q revenue falls


PETALING JAYA: Mega First Corp Bhd saw its revenue decline by 13.8% year-on-year (y-o-y) to RM320.4mil, mainly due to the deconsolidation of Serudong Power Sdn Bhd, for the third quarter of its financial year 2023 (3Q23).

Net profit fell 14.2% y-o-y to RM102.5mil from RM119.5mil in 3Q22. Earnings per share dropped to 10.87 sen from 12.64 sen.

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

MegaFirstCorp , Revenue , NetProfit , EPS

   

Next In Business News

Chin Chee Seong elected SME Association national president
Finding 'humanity' in finance
Oil posts big weekly drop after US jobs data
Investors with Australian property: Beware TAX
Malaysia can lead EV charge
Getting a good price for your home
Investing amid shifting expectations
Economic proxy play
Putting money on the banks
Higher credit score, better mortgage options

Others Also Read