Taliworks profit bounces - News Summed Up
Taliworks profit bounces

Taliworks profit bounces

November 15, 2021 23:53 UTC

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Taliworks profit bounces


PETALING JAYA: Taliworks Corp Bhd saw its revenue rising 23.8% year-on-year (y-o-y) to RM102.3mil while net profit grew 156% to RM41.4mil for its third quarter ended Sept 30, 2021 (Q3), mainly due to higher contribution from its toll division. In financial year 2021, Taliworks has to-date declared a total dividend payout of 4.95 sen per share, translating to RM99.8mil. “We will continue our efforts to tender for infrastructure projects to replenish our order book, including participating in the tender for Sg Rasau Water Supply Scheme. For the nine months under review, revenue dropped 5% y-o-y to RM229.8mil, due to lower revenue from the water treatment, supply and distribution segment. Earnings per share for the nine months was 3.29 sen versus 2.17 sen a year earlier.


Source: The Star November 15, 2021 23:53 UTC



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