State enterprises generate MVR 1.5B in profits in Q1

5 hours ago

Records show State-owned enterprises generated a combined profit of MVR 1.5 billion in the first quarter of 2019. Records of the profits generated by State-owned enterprises in Q1 were released by Finance Ministry this Wednesday. It shows a 24 percent improvement in profits compared to Q1 of 2018. The biggest profit was generated by Maldives Airport Company Limited (MACL), which generated MVR 572