KPower 3Q net profit jumps five fold, driven by construction activities

KUALA LUMPUR (May 20): KPower Bhd said today its third quarter net profit jumped about five fold to RM14.15 million from RM2.67 million a year earlier, partly helped by a significant increase in the group’s construction-related activities.

In a filing with Bursa Malaysia today, KPower said revenue surged to RM137.66 million in the third quarter ended March 31, 2021 (3QFY21) from RM31.68 million.

More to come