News

MTCC posts MVR 66 mln profit in second quarter

Maldives Transport and Contracting Company (MTCC) made a net profit of MVR 66 million in the second quarter of the year.

According to MTCC's financial reports, the company generated MVR 64 million as profit in the first quarter of the current year. During the second quarter, the company generated MVR 64 million as profit.

MTCC posted a revenue of MVR 593 million in the second quarter against MVR 550 million in the first three months of the year. Profit before tax stood at MVR 77 million in the second quarter as against MVR 64 million in the first quarter.