PETALING JAYA: Salcon Bhd has posted a net loss of RM755,000 in the second from last quarter finished Sep 30, 2016 (Q3FY16), from a net benefit of RM3.51 million in a similar period a year ago, credited by unrealised misfortunes on outside trade.
Income developed marginally by 1.8% to RM22.95 million, contrasted and RM22.54 million in the past relating quarter. For the nine-month time frame, its net benefit fell 12.7% to RM10.5 million, from RM12 million a year back, while income fell 8.1% to RM60.5 million, against RM65.8 million already.
In a documenting with Bursa Malaysia yesterday, the water and waste water building bunch said income in development division for the quarter was lower by 4% contrasted with a similar period in the first year. Be that as it may, its property improvement division recorded a misfortune before duty of RM2.1 million, contrasted and a misfortune before assessment of RM2.27 million for a similar period in the former year because of lower working costs.
On prospects, the gathering said it is idealistic on its recently enhanced online business travel and tourism business, which is utilizing on the huge China outbound tourism showcase. "The gained backup is designated by Alitrip, a specialty unit inside Alibaba Group as the sole administrator of the Alitrip Malaysia Tourism Pavilion," it included.
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