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WCT Q1 Pre-tax profit slips to RM56.753 mln

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WCT Q1 Pre-tax profit slips to RM56.753 mln Empty WCT Q1 Pre-tax profit slips to RM56.753 mln

Post by Cals Fri 23 May 2014, 00:22

WCT Q1 Pre-tax profit slips to RM56.753 mln
Business & Markets 2014
Written by Bernama   
Thursday, 22 May 2014 20:06

KUALA LUMPUR (May 22): WCT Holdings Bhd's pre-tax profit for the first quarter ended March 31, 2014, declined to RM56.753 million, from RM65.355 million chalked up in the same period last year.

Revenue also decreased to RM467.221 million during the period under review, from RM490.945 million recorded previously, it said in a filing to Bursa Malaysia.

WCT said that the decrease in revenue was attributable to lower contribution from its local division.

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