Green Packet Bhd’s net loss increased to RM11.98 million its second quarter ended June 30 compared to a net loss of RM9.31 million reported in the same quarter of the previous year, due to higher cost for its digital services business, engineering center of excellence in China as well as marketing cost to promote its new workplace safety solution .
In 1H’20, Crest Builders posed a net loss of RM15.01 million against a net profit of RM14.17 million reported previously, while its revenue tumbled to RM118.08 million from RM286.93 millionWCT Holdings Bhd’s Net profits tumbled by 67.3% to RM7.42 million in Q2 ended June 30, 2020 from RM22.7 million reported in Q2’19, due to lower contribution from its construction and property investment segments along with distribution payment for its Islamic notes issuance.
In the first half of the year, its net profit rose to RM113.93 million from RM62.43 million, while revenue fell slightly to RM1.11 billion from RM1.15 billion.Ranhill Utilities Bhd saw a 29.4% drop in net profit to RM13.19 million for Q2 ended June 30, 2020 from RM18.67 million reported in the same quarter of the previous year, due to lower power tariffs from its power segment along with lower consumption during the movement control order period and discount given by its water segment.