PETALING JAYA: Tasco Bhd saw its net profit rise 46.6% to RM15.7mil for the second quarter of its financial year ending March 31, 2022 (Q2’FY22) from RM10.7mil on higher revenue.

       During the quarter in review, the logistics company’s revenue rose 37.5% to RM315.5mil from RM229.5mil in Q2’FY21, while earnings per share rose to 1.96 sen from 1.34 sen.

       The company has proposed an interim dividend of one sen per share.

       Year-to-date, the company’s net profit jumped more than two fold to RM31.5mil from RM13.3mil for the six months to September 2020, while revenue was up 48.41% to RM605.6mil from RM408mil, driven by both its international domestics business solutions.