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  • 08
  • Sep

PBA Holdings Bhd records RM25.15m profit for 2019

PBA Holdings Bhd records RM25.15m profit for 2019

PBAHB chairman Chow Kon Yeow, who is also Penang chief minister, stressed that PBAHB’s profit after tax was achieved without a water tariff review in the state last year. — Picture by Sayuti Zainudin — Picture by Sayuti Zainudin

PBAHB chairman Chow Kon Yeow, who is also Penang chief minister, stressed that PBAHB’s profit after tax was achieved without a water tariff review in the state last year. — Picture by Sayuti Zainudin — Picture by Sayuti Zainudin

 

GEORGE TOWN, Sept 8 — PBA Holdings Bhd (PBAHB) announced today it recorded a total revenue of RM363.14 million with a profit after tax of RM25.15 million for 2019.

The holding company of Penang Water Supply Corporation (PBAPP) also declared a single tier final dividend of 1.75 sen per share today at its 20th annual general meeting (AGM).

PBAHB chairman Chow Kon Yeow said this approval of the final dividend brings the net single tier dividend declared to 3.5 sen for the financial year 2019....

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