Mah Sing’s Q2 earnings jump to RM85m

Business Times

KUALA LUMPUR: Mah Sing Group Bhd’s net profit rose 21.4 per cent to RM84.73 million for its second quarter ended June 30 2014 from RM69.82 million in the corresponding period last year.  Group revenue increased to RM705 million from RM475.74 million previously, it told Bursa Malaysia yesterday. Mah Sing attributed the improved performance to the higher work progress from its ongoing development projects.