PETALING JAYA: Advancecon Holdings Bhd’s net profit for the third quarter ended Sept 30, 2021 fell 41% to RM1.85mil while revenue slipped 4.4% to RM69.65mil due to lower progress billings from its on-going construction projects and support services as some of the project sites were only allowed to fully operate from August 2021.

       In a filing with Bursa Malaysia, it said following the reopening of all its project sites and the stable supply chain, it expects gradual recovery in the construction and support service segment.