MTCC cuts costs, doubles profit to MVR 62 million in Q1

1 week ago

Maldives Transport and Contracting Company (MTCC) has declared a profit of MVR 62 million for the first quarter of the year. MTCC’s quarterly report shows the company generated MVR 353.5 million in sales during Q1, a 21.8 percent increase compared to Q1 last year. The company affected several changes to its operations this year, resulting in a decrease in its operational costs.