{"id":3771,"date":"2022-07-31T20:14:23","date_gmt":"2022-07-31T15:14:23","guid":{"rendered":"https:\/\/mbt.mv\/?p=3771"},"modified":"2022-07-31T20:14:23","modified_gmt":"2022-07-31T15:14:23","slug":"mtcc-reports-profit-of-mvr130mn-by-2022-first-half","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=3771","title":{"rendered":"MTCC reports profit of MVR130mn by 2022 first half"},"content":{"rendered":"<p>Maldives Transport and Contracting Company (MTCC) reported a net profit of MVR130 million for the first-half of 2022.<\/p>\n<p>According to the quarterly financial updates of MTCC, the company earned a revenue of MVR1.1 billion; MVR593 million earned in the second quarter and MVR550 million earned during the first quarter.<\/p>\n<p>On the other hand, the net profit of the contracting and transport based company for the corresponding period in 2021 stood at MVR125 million, indicating a MVR5 million improvement in the review quarter.<\/p>\n<p>The annual net profit of MTCC for 2021 reached to MVR272 million, while the year before in 2020 it stood at MVR191 million.<\/p>\n<p>The company, which largely earns its lump-sum of revenue through infrastructural and developmental projects project achieving a net profit of MVR300 million before the end of 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maldives Transport and Contracting Company (MTCC) reported a net profit of MVR130 million for the first-half of 2022. According to the quarterly financial updates of MTCC, the company earned a revenue of MVR1.1 billion; MVR593 million earned in the second quarter and MVR550 million earned during the first quarter. On the other hand, the net<\/p>\n","protected":false},"author":4,"featured_media":3464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2423],"tags":[1019,1362,1552],"class_list":{"0":"post-3771","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-infrastructure-development","9":"tag-maldives-transport-and-contracting-company","10":"tag-mtcc"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MTCC reports profit of MVR130mn by 2022 first half - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=3771\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTCC reports profit of MVR130mn by 2022 first half - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"Maldives Transport and Contracting Company (MTCC) reported a net profit of MVR130 million for the first-half of 2022. According to the quarterly financial updates of MTCC, the company earned a revenue of MVR1.1 billion; MVR593 million earned in the second quarter and MVR550 million earned during the first quarter. On the other hand, the net\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=3771\" \/>\n<meta property=\"og:site_name\" content=\"Maldives Business Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mvbiztimes\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-31T15:14:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mbt.mv\/wp-content\/uploads\/2022\/06\/MTCC-Transit-Project-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1240\" \/>\n\t<meta property=\"og:image:height\" content=\"825\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohamed Reehaan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:site\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed Reehaan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=3771#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=3771\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"MTCC reports profit of MVR130mn by 2022 first half\",\"datePublished\":\"2022-07-31T15:14:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=3771\"},\"wordCount\":136,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=3771#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mbt.mv\/wp-content\/uploads\/2022\/06\/MTCC-Transit-Project-1.jpeg\",\"keywords\":[\"Infrastructure Development\",\"Maldives Transport and Contracting Company\",\"MTCC\"],\"articleSection\":[\"BUSINESS\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mbt.mv\/?p=3771#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mbt.mv\/?p=3771\",\"url\":\"https:\/\/mbt.mv\/?p=3771\",\"name\":\"MTCC reports profit of MVR130mn by 2022 first half - 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