Tuesday, August 25, 2026
HomeNewsBusinessMTCC Records Net Profit of MVR 85 Million Last Year

MTCC Records Net Profit of MVR 85 Million Last Year

Photo Credits: MTCC

MTCC achieved a net profit of MVR 85 million last year, marking a significant 88% increase compared to the previous year. The company generated a total revenue of MVR 2,134 million, with the construction and dredging sectors emerging as the primary revenue drivers. Furthermore, operating profit rose by 8% to reach MVR 179 million. This financial growth is attributed to effective cost-reduction measures and streamlined operations, complemented by government compensation and subsidies provided for infrastructure projects and transport services.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular