MTCC Earns A Record-Breaking MVR 140 Million Profit in First 3 Quarters of 2020

Maldives Transport and Contracting Company Plc (MTCC) has revealed that the company has broken a record in terms of profit earned during the first 3 quarters of a year. With a profit before tax of MVR 140.26 million, the company records its highest profit in its 39 years of existence.

During the 3rd quarter, the company earned a revenue of MVR 350.18 million and a profit before tax of MVR 69.72 million. During Q2, MTCC earned MVR 248 million as revenue.

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Within these 3 quarters, MTCC earned a total MVR 951.79 million as revenue. MTCC carried out several activities within the period. From 70 projects, 11 have been successfully concluded. and 12 projects have commenced this quarter.

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