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NewsGamuda unit Litrak 1Q profit up 10% at RM37m, full-year profit up at RM134m
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Gamuda unit Litrak 1Q profit up 10% at RM37m, full-year profit up at RM134m
by Cals Fri 30 May 2014, 20:03
| Gamuda unit Litrak 1Q profit up 10% at RM37m, full-year profit up at RM134m |
| Business & Markets 2014 |
| Written by Chong Jin Hun of theedgemalaysia.com |
| Friday, 30 May 2014 19:22 KUALA LUMPUR (May 30): Highway concessionaire Lingkaran Trans Kota Holdings Bhd's (Litrak) fourth quarter net profit rose 10% to RM37.2 million from RM33.9 million a year earlier. In a statement to the exchange today, Litrak said revenue climbed to RM92.1 million from RM91.5 million. Construction firm Gamuda Bhd owns a 44.66% stake in Litrak, which holds the concession for the Damansara-Puchong highway in the Klang Valley. Litrak said full-year net profit rose to RM134.1 million from RM130.8 million a year earlier. Revenue was higher at RM373.9 million versus RM369.3 million. |
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