KUALA LUMPUR: Zelan Bhd has narrowed its pre-tax loss for the
financial year ended Dec 31, 2017 to RM64.84 million from a pre-tax loss
of RM67.06 million in 2016.
In a filing to Bursa Malaysia, Zelan said its revenue dropped significantly by 68.1 per cent to RM71.07 million from RM222.79 million previously due to the completion of three main projects.
It said the lower revenue resulted from the completion of the Bukit Bintang City Centre project, Material Off-Loading Facility Jetty and International Islamic University Malaysia projects, as well as the major phases of the Drawbridge project.
In a filing to Bursa Malaysia, Zelan said its revenue dropped significantly by 68.1 per cent to RM71.07 million from RM222.79 million previously due to the completion of three main projects.
It said the lower revenue resulted from the completion of the Bukit Bintang City Centre project, Material Off-Loading Facility Jetty and International Islamic University Malaysia projects, as well as the major phases of the Drawbridge project.
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