Enra’s 1Q profit helped by energy, chemical businesses

by TMR

Enra Group Bhd recorded a net profit of RM2.18 million in the first quarter (1Q) ended June 30, 2018, as compared to a net profit of RM1.6 million registered for the same period last year due to higher contribution from the group’s energy services division.
 
Revenue for the period amounted to RM66.8 million, it exchange filing yesterday noted.
 
Enra’s investment holding division recorded a higher loss of RM3.43 million due to some defraying cost of disposal of Holiday Plaza and Shamelin Business Centre.
 
The profit for the period was backed by higher profit from its chemical trading business.