Gross profit for the quarter surged 208.0% y-o-y to $9.79 million, while revenue grew 113.1% y-o-y to $28.63 million.
Beng Kuang Marine has posted profit before tax of $11.32 million for 1QFY2024 ended March 31, with a one-time gain of $5.83 million from a land sale.
This surpasses the company’s FY2023 profit before tax of $10.82 million.
