Serba Dinamik said the higher revenue was due to strong activities from the O&M. Profit before tax rose 41.5% to RM137.38mil from RM97.11mil.
KUALA LUMPUR: Oil and gas services company Serba Dinamik
Bhd's net profit rose by 35.9% to RM113.16mil in the third quarter ended Sept 30,2019 from RM83.22mil a year ago, underpinned by the strong operation and maintenance (O&M) business.
It announced on Monday its revenue increased by 35.7% to to RM1.045bil from RM770.22mil a year ago. Earnings per share were 7.71 sen compared with 5.67 sen. It declared an interim dividend of 1.11 sen a share.
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