), posted net profit of RM9.25mil in the second quarter ended Dec 31,2020, a jump of nearly 400% from RM1.86mil a year ago.
In its announcement on Monday, it reported its revenue surged by 560% to RM90.06mil from RM13.63mil. Earnings per share were 11.68 sen compared with 2.44 sen. It declared an interim dividend of 2.26 sen per share.
KPower said the construction related activities recorded a significant increase due to engineering, procurement, construction and commissioning (EPCC) activities mainly in Lao and Malaysia and other construction related activities in Malaysia.
As for its property development and investment segment, it recorded a revenue of RM3.95mil based on the progress of completion during the period for the units sold.