Paramount Corporation Bhd has announced sales of RM176 million for 2Q2017, bringing the company’s 6M2017 sales to RM420 million and surpassing the 2016 full-year sales of RM402 million.
These follow a strong performance in 1Q2017 and was attributed to the market’s positive response to Phase 1 of the Group’s newly-launched Utropolis Batu Kawan development, which closely mirrors the Utropolis Glenmarie university metropolis development launched in 2013.
JAG Bhd , one of Malaysia’s leading total waste management companies by market share, continued to chart a positive 2017 with strong half year financial results.
The Group yesterday announced a profit after tax (PAT) of RM4.97 million for the first six months of 2017 from the loss after tax of RM1.62 million recorded in the corresponding period last year. Revenue was also higher at RM64.64 million compared with the RM42.84 million recorded last year.
Pharmaniaga Bhd recorded a profit after tax of RM29 million for the first half of its financial year ended 30 June 2017. Profit before tax (PBT) came in at RM38 million while revenue stood at RM1.1 billion.
The Logistics and Distribution Division posted a higher PBT of RM4 million for the six-month period, marking a turnaround from the deficit of RM4 million in the previous year’s corresponding period. This was achieved on the back of stronger contributions from both the concession business and private sector businesses.