KAJANG, Aug 30 (Bernama) — Protasco Berhad’s turnaround is continuing to gather strength, posting a nine-time jump in its first half net profit to RM8.7 million despite a slightly lower revenue for the six months ended 30 June 2019.
The Group’s first half net profit surged 882 percent to RM8.7 million from RM881,000 in the first half last year. This improved performance came despite revenue dropping 11 percent to RM354.9 million, due to lesser periodic works awarded to its Maintenance segment.
