MCT Berhad said it had completed the turnaround of its financial performance after recording a RM13.6 million net profit in the fourth quarter of the financial year ended 31 December 2022.

While the overall property market was subdued in 2020, MCT Berhad managed to recorded a commendable performance with a 6.8% increase in revenue plus units sold similar to the previous year.

Elaborating on the success, Mr. Teh Heng Chong, the CEO of MCT, added that the on-going transformation and growth plans has played out well for the group towards this positive performance.