Malaysia's MMC Q2 net profit down 22 percent
KUALA LUMPUR |
KUALA LUMPUR Aug 27 (Reuters) - Malaysian builder MMC Corp (MMCB.KL) reported on Wednesday a 21.7 percent fall in quarterly profit versus a year ago.
It also said that compared with the first quarter, earnings from energy and utilities in the second quarter were less than expected.
The company, controlled by Malaysian billionaire Syed Mokhtar Al-Bukhary, earned 125.9 million ringgit ($33.13 million) or 4.10 sen a share in the second quarter to June. That compared with a net profit of 161.9 million ringgit or 5.30 sen a share in the year-ago period.
(Reporting by Soo Ai Peng; editing by Sue Thomas)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters