PETRONAS Dagangan Bhd (PDB) posted a 38% increase in Profit Before Tax to RM424.3 million for the quarter ended 30 June 2018, as compared to the corresponding quarter last year. The increase is due to higher margin contributed by both Retail and Commercial segments as well as higher other income.
Revenue for the quarter stood at RM7,278.0 million, an increase of 10% or RM661.6 million as a result of increase in average selling price by 10%.
edotco Bangladesh, an integrated telecommunications infrastructure services company in Bangladesh, has been selected by the Bangladesh Telecommunication Regulatory Commission (BTRC) to obtain a conditional tower sharing incense.
Upon completion of the conditions, this license will allow edotco to build and manage telecommunications towers for multiple mobile network operators in the country.
Sunway Construction Group Bhd announced a revenue of RM544.3 million and profit before tax of RM45.2 million for the current quarter ended 31 March 2018, compared to revenue of RM417.3 million and profit before tax of RM41.9 million in the corresponding quarter of the preceding financial year.
The Group's revenue increased by 30.4% mainly due to the construction segment which was offset by a decline in its precast segment. The Group's margin was slightly affected due to a decline in profitability in the precast segment.