MTCC posted revenue of MVR 3.24 billion in 2023, a 31 percent increase over 2022, with net profit of MVR 336.77 million. In Q4 2023 revenue and profit declined versus Q3, which the company attributed to cash flow difficulties, while it worked on 201 projects in the quarter.
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The Maldives Transport and Contracting Company (MTCC) posted a revenue of MVR 3.24 billion in 2023; a 31 percent increase compared to 2022.
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The Maldives Transport and Contracting Company (MTCC) posted a revenue of MVR 3.24 billion in 2023; a 31 percent increase compared to 2022.
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the company posted a net profit of MVR 336.77 million at the end of the year translating to a 4 percent rise in operating profit compared to 2022.
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translating to a 4 percent rise in operating profit compared to 2022
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posting a revenue of MVR 782.82 million in the quarter — a 25 percent decrease compared to the MVR 979.33 million in third quarter (Q3) of last 2023.
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posting a revenue of MVR 782.82 million in the quarter — a 25 percent decrease compared to the MVR 979.33 million in third quarter (Q3) of last 2023.
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the MVR 979.33 million in third quarter (Q3) of last 2023
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Operating profit at Q4 was MVR 43.23 million; a 58 percent decline compared to the MVR 103.74 million in Q3.
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Earlier reports gave MVR 1.3 billion 31 Jan, 22:17 Maldives Republic
Operating profit at Q4 was MVR 43.23 million; a 58 percent decline compared to the MVR 103.74 million in Q3.
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a 58 percent decline compared to the MVR 103.74 million in Q3.
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Earlier reports gave MVR 1.3 billion 31 Jan, 22:17 Maldives Republic
Net profit at Q4 was MVR 13.31 million marked decline when compared to the second quarter (Q2)'s MVR 43.3 million.
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Earlier reports gave MVR 40.20 million 12 Nov, 19:09 Maldives Republic