Dialog Q3 profit rises to RM122m

KUALA LUMPUR: Dialog Group Bhd’s net profit for the third quarter ended March 31 jumped 25.1% to RM122.37 million from the previous corresponding quarter’s RM97.82 million.

Revenue for the period, however, declined 5.1% to RM867.37 million from RM913.61 million.

In a filing with Bursa Malaysia today, the group said both its Malaysian and international operations recorded higher profits compared with the same corresponding period in 2017.

“The better performance in Malaysia was contributed by the midstream and downstream activities in particular, from the engineering, construction and plant maintenance services for various projects.

The financial performance for the current quarter included the consolidation of Langsat Terminals since they became subsidiaries in September 2017. – Bernama

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