KUALA LUMPUR: Country Heights Holdings Bhd recorded a 14-fold jump in its net profit to RM18.9 million for its first quarter ended March 31 from RM1.3 million a year ago. Revenue came in at RM85.8 million.
In a statement to Bursa Malaysia, the group said net profit and revenue increased due mainly to higher income from real estate development.
The group said it had property launches in the pipeline for this year and next, especially within the Mines Resort City area in Selangor. The developer said it is also planning projects in Cyberjaya and Cyber Heights.
SHARE
TOP PICKS BY EDGEPROP
SALE
FEATURED
Seksyen 4 Wangsa Maju Flat
Wangsa Maju, Kuala Lumpur
RM 210,000
2 beds |
1 bath |
550 sqft
SALE
FEATURED
Bandar Bukit Tinggi
Bandar Botanic/Bandar Bukit Tinggi, Selangor
RM 1,350,000
5 beds |
3 bath |
3500 sqft