Stated-owned Maldives Transport and Contracting Company has generated MVR 13million in net profit during the second quarter of 2018.
MTCC, which offers a plethora of services such as construction and project management services, logistical operations, modern transport services, engineering and docking services, publicized their financial report for the second quarter of 2018, which stated that the company had received MVR 13million in net profit. This is a 47 percent decrease in comparison to the MVR 24.58million received during the same period last year.
MTCC made a total of MVR 301.5million in revenue this quarter whereas the company had generated MVR 341million during the second quarter of 2017.
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