DNeX Maintains Profitability Amidst Challenging Business Environment

CYBERJAYA, June 3 (Bernama) — Dagang NeXchange Berhad (“DNeX”) has announced its results for the first quarter ended 31 March 2020 (“1Q FY2020”) where the company has managed to maintain profitability amidst challenging business environment.

In 1Q FY2020, DNeX recorded RM63.6 million in revenue from RM68.9 million in the first quarter ended 31 March 2019 (“1Q FY2019”) was mainly due to completion of one-off submarine cable installation and repair contract in Indonesia in 1Q 2019.

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