CORPORATE

Deleum declined in revenue for FY17

 |  Tuesday, 27 February 2018 16:35  |  Published in CORPORATE

Deleum Bhd’s revenue in the financial year ended December 31, 2017 declined 12.3 per cent to RM 534.1 million from RM608.7 million compared to the corresponding year. 

The lower earnings was attributable to the challenging trading conditions particularly in the power and machinery and oilfield services segments. 

WCT 2017 Profit Jumps by 128%

 |  Tuesday, 27 February 2018 15:42  |  Published in CORPORATE

WCT Holdings Bhd, a leading engineering, construction, and property company, registered a profit after tax of RM155 million for the year ending 31 December 2017. A significant jump from the RM68 million recorded in the previous year. 

The Group recorded a revenue of RM579 million for the fourth quarter of 2017 as compared with a lower RM453 million in the corresponding quarter for 2016. A net profit of RM59 million was recorded, which was a boost as compared to RM4 million for the same quarter last year. 

Pos Malaysia Records 26% Higher Revenue For 3Q 2017/18 

 |  Tuesday, 27 February 2018 15:41  |  Published in CORPORATE

Pos Malaysia Bhd yesterday announced revenue of RM1.8 billion for the period of nine months, an increase of 26% compared to its revenue of RM1.4 billion recorded in the corresponding period last year. 

This increase was in particular due to the inclusion of the newly acquired logistics business coupled with strong growth in its courier business. Profit before tax decreased 17.5% from RM107.4 million in the previous corresponding period to RM88.6 million. 


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