Aspen Group reverses into earnings of RM38m for FY2024

• This was contributed primarily by the property development segment from progressive construction of its ongoing projects.

SINGAPORE (Aug 30): Aspen Group has reversed into earnings of RM38.26 million for the financial year ended June 30, 2024 (FY2024), from a loss of RM195 million last year.

Revenue for the full year was down 9% year-on-year to RM245 million.

This was contributed primarily by the property development segment from progressive construction of its ongoing projects such as the Vivo Executive Apartment and Viluxe P1, as well as the sale of completed projects such as Vervea, Vertu Resort and Beacon Executive Suites...(click here for the full story on theedgesingapore.com).

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