WCT Bhd Q3 pre-tax profit soars RM100.924 million

WCT Bhd Q3 pre-tax profit soars RM100.924 million

KUALA LUMPUR, Nov 24 — WCT Bhd’s pre-tax profit for the third quarter (Q3) ended Sept 30, 2015 soared to RM100.924 million from RM32.373 million in the same period a year ago.

However, revenue fell to RM371.804 million from RM471.106 million previously, it said in a filing to Bursa Malaysia today.

“The decrease in revenue is mainly due to the lower contribution from construction segment,” it said.

Going forward, WCT said it was cautiously optimistic of achieving satisfactory results for the financial year ending Dec 31, 2015.

— BERNAMA

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