Its revenue also rose 54% to RM238.312 million from RM150.315 million previously. Group managing director and chief executive officer Tan Sri Leong Hoy Kum said the first quarter sales were good due to strong response to all
segments of its properties.
"The group's residential and commercial projects contributed to the good results. Main contributors to revenue are Southgate, Hijauan Residence, Kemuning Residence and Aman Perdana, all in the Klang Valley, [email protected] in Penang and Sierra Perdana and Sri Pulai Perdana 2 in Johor Baharu," he said
in a statement on May 26.
Besides property development, the group's plastic division also contributed positively to the quarter's earnings, he added. -- Bernama