PETALING JAYA: Despite the disruptions brought on the Covid-19 pandemic, George Kent (M) Bhd says its operations continued to perform well.

       The engineering and infrastructure company posted a net profit of RM133,000 on revenue of RM79.7mil for the second quarter of its financial year ending March 31, 2022 (FY22), thanks to its robust metering business.

       George Kent declared an interim dividend of one sen per share.

       For the first half of FY22, the company’s net profit stood at RM11.93mil on revenue of RM140.97mil.

       George Kent products

       It said the contribution from continuing businesses was on par with the preceding quarter.

       However, the result was impacted by a one-off impairment of RM9.85mil from the disposal of the investment in MRCB George Kent Sdn Bhd.

       George Kent said the commendable results reflected the good prospects of its business. It noted that orders for water meters were largely uninterrupted despite the lockdowns in the country and overseas.

       George Kent chairman Tan Sri Tan Kay Hock (pic below) said digitalisation, technology and innovation are keys to the future of the group.

       George Kent Tan Kay Hock