KUALA LUMPUR, March 1 (Bernama) — ACE Market-listed company, PUC Berhad (“PUC”) on 28 February 2019 announced its financial results for the fourth quarter of 2018 (“Q4FY2018”) recording revenue of RM12.3 million for the period; and revenue of RM52.5 million for the full financial year ended December 31, 2018 (“FY2018”). This signalled a 21.9% improvement in revenue for FY2018 as compared to last year (“FY2017”), which posted revenue of RM43 million for the financial year ended December 31, 2017.
In Q4FY18, revenue reached RM12.3 million, up by 50.5% from the immediate preceding quarter (“Q3FY18”) of RM8.1 million. This was driven by the higher demand for advertising and media services during the year-end festive seasons and the recovered renewable energy contribution from downtime that caused a lower revenue base in Q3FY18. Together with the net share of contribution from associated companies, profit before taxation improved by 270.7% in the current quarter.
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