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AQRS 2Q profit surges 156% yoy to RM23m

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AQRS 2Q profit surges 156% yoy to RM23m Empty AQRS 2Q profit surges 156% yoy to RM23m

Post by Cals Tue 27 Aug 2013, 20:43

AQRS 2Q profit surges 156% yoy to RM23m
Business & Markets 2013
Written by theedgemalaysia.com
Tuesday, 27 August 2013 20:26

KUALA LUMPUR (Aug 27): Integrated engineering and CONSTRUCTION [] services provider Gabungan AQRS Bhd saw its second quarter net profit surge to RM23 million, up by 156% from RM9 million posted a year ago.

This profit jump in the three months to June 30 was achieved on the back of higher revenues from construction and property development segments as well as a one-off pre-tax gain from land sales.

Revenue for the quarter stood at RM103 million, compared to RM62 million a year ago.
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