MRCB posts "very pleasing" first half results - News Summed Up

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MRCB posts "very pleasing" first half results


Group revenue in the first half ended June 30 2017 grew 55 per cent to RM1.28 billion. MRCB group managing director Tan Sri Mohamad Salim Fateh Din deemed the results as “very pleasing”. “The strong growth in revenue was driven by a 110 per cent rise in our engineering, construction and environment revenues,” he said in a statement today. With these two key property development projects completed now, and new projects still in the early phase of construction, revenues this year will continue to be dominated by our engineering, construction and environment division,” Salim added. MRCB’s property projects, which are predominantly transit-oriented developments, have a gross development value of RM55 billion.


Source: New Strait Times August 29, 2017 08:48 UTC



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