PETALING JAYA: MyEG Services Bhd posted a net profit of RM75.51mil on revenue of RM149.89mil in its fourth quarter ended Dec 31,2020. However, the group said profit and revenue during the period was driven by concession-related services, such as the Immigration and Road Transport Department (JPJ) related and ancillary services. MyEG said revenue in the fourth quarter was up by more than 10%, compared with the immediate preceding quarter. For its financial year ended Dec 31,2020, MyEG’s net profit stood at RM268.16mil, on revenue of RM532.06mil. "We had introduced innovative online services such as the Covid-19 health screening, new concession services namely the online renewal of motorcycle insurance and road tax as well as health screening and quarantine services.”

Source: The Star March 03, 2021 23:26 UTC