Maldives Transport and Contracting Company (MTCC)'s CEO Adam Azim has said that the company's aim is to increase revenue to MVR 3 billion, and net profit to MVR 300 million.

Speaking at the Annual General Meeting (AGM) held at Kurumba Maldives on Thursday night, Azim stated that MTCC is currently working on projects worth MVR 5 billion.

According to MTCC's financial statements, MTCC received a revenue of MVR 2.47 billion in 2022 and MVR 1.97 billion in 2021.

MTCC is contracted with a lot of government projects including harbour development, land reclamation, and construction.

According to MTCC's annual report, the company was contracted with 65 projects and completed 42 projects.