Hap Seng records lower earnings, revenue for FY20

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KUALA LUMPUR: Hap Seng Consolidated Bhd recorded a lower net profit of RM750.18 million in the financial year ended Dec 31, 2020 (FY20) compared to RM...

: Hap Seng Consolidated Bhd recorded a lower net profit of RM750.18 million in the financial year ended Dec 31, 2020 compared to RM1.16 billion a year earlier

Moving forward, the group said it was well placed to benefit from acquisition opportunities and improve its overall performance for the financial year ending Dec 31 due to its relatively healthy financial position.

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