MTCC earns MVR 29.8 mn as profit during first quarter

Maldives Transport and Contracting Company (MTCC) has earned MVR 29.8 million as profit during first quarter of 2016.

First quarter numbers published by MTCC shows that they earned MVR 71.3 million as gross profit from January 1 to March 31.

Profit before tax was listed as MVR 35.1 million; profit after tax, as MVR 29.8 million.

MTCC recently reported record number of profit during 2015 – at MVR 185.68 million.

It scored nine additional water and sewerage projects just last Wednesday.