Vizione’s 1Q Net Profit Jumps 28 Times To RM15.02 Mil On Higher Construction Earnings
Syahirah Syed Jaafar / theedgemarkets.com
October 29, 2018 20:29 pm +08
KUALA LUMPUR (Oct 29): Vizione Holdings Bhd’s net profit leapt 28 times to RM15.02 million for the first financial quarter ended August 31, 2018 (1QFY19) from RM529,000 a year ago thanks to higher contributions from construction projects.
This brought up earnings per share to 0.41 sen versus 0.06 sen per share in the corresponding quarter of the previous year.
It said WSSB has a substantial order book of approximately RM3.91 billion comprising projects awarded by the local government and developers in Malaysia.