Bintai Kinden Posts 152% Rise in Revenue for 1Q – QNT Press Release




Company also receives license from Petronas enabling it to bid directly for projects

PETALING JAYA, Malaysia, Aug 26, 2022 – (ACN Newswire) – Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998) today announced that the Company registered a 152.0% increase in revenue to RM30. 88 million for the first quarter ended 30 June 2022 (1Q FY2023) compared with RM12.26 million in the corresponding quarter of the previous financial year (1Q FY2022) mainly due to higher contribution from M&E engineering business.


En. Azri Azerai, Executive Director of Bintai Kinden



Bintai Kinden reported a profit after tax (PAT) of RM968,000 for the quarter under review, which is 23.0% lower than the PAT of RM1.25 million recorded in 1Q FY2022 as gross profit margin decreased …

Full story available on Benzinga.com



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