KUALA LUMPUR (Feb 29): MMC Corp Bhd chalked up RM1.002 billion in pre-tax profit for the financial year ended Dec 31, 2011 from RM555.7 million registered in 2010.
Revenue increased to RM9.337 billion compared with RM8.564 billion recorded previously.
For 4Q2011, MMC Corp posted a higher pre-tax profit of RM376.72 million against RM46.86 million a year ago. Revenue increased to RM2.412 billion, from RM2.18 billion.
MMC Corp said the better results were driven by the energy and utilities segment. The group declared a four sen per share dividend for the just-ended financial year. - Bernama
Revenue increased to RM9.337 billion compared with RM8.564 billion recorded previously.
For 4Q2011, MMC Corp posted a higher pre-tax profit of RM376.72 million against RM46.86 million a year ago. Revenue increased to RM2.412 billion, from RM2.18 billion.
MMC Corp said the better results were driven by the energy and utilities segment. The group declared a four sen per share dividend for the just-ended financial year. - Bernama
