Sunsuria’s pre-tax profit year-to-date rises 72% to RM79.34 mil for FY2024
Sunsuria Berhad announced yesterday its revenue and pre-tax profit (PBT) of RM627.78 million and RM79.34 million for the 12-month period ended Sept 30, 2024 (12MFY2024).
NCT Alliance’s 3Q net profit down 36% on land cost adjustment
NCT Alliance Bhd (KL:NCT) saw its net profit for the third quarter ended Sept 30, 2024 (3QFY2024) fall 35.6% to RM6.52 million from RM10.12 million a year ago.
Kerjaya Prospek Property sees minimal impact from minimum wage hike; eyes land bank expansion in Klang Valley, Penang
Kerjaya Prospek Property Bhd (KL:KPPROP) expects minimal impact from the hike in the minimum wage to RM1,700 from RM1,500, as announced by the government in Budget 2025.
Matrix Concepts proposes one-for-two bonus issue
Property developer Matrix Concepts Holdings Bhd (KL:MATRIX) has proposed a bonus issue of 625.67 million shares on the basis of one new share for every two shares held.
YTL Corp’s net profit falls 36% in 1Q as YTL Power’s earnings decline
The net profit of YTL Corp Bhd (KL:YTL) fell by more than a third in the first quarter of its financial year, as contributions from its utilities business, represented by its 55.57% stake in YTL Power International Bhd (KL:YTLPOWR) declined.
Remeasurement gain from JV helps lift WCT's 3Q net profit despite revenue dip
WCT Bhd recorded a net profit of RM173.22 million for the third quarter ended Sept 30, 2024 (3QFY2024), compared with a net loss of RM13.54 million a year earlier, thanks to the remeasurement of interest in a jointly controlled entity amounting to RM184 million.
Batu Kawan falls into the red as KLK reports record low profit on one-off losses, impairments
Kuala Lumpur Kepong Bhd (KL:KLK) reported a record low net profit for its fourth quarter, dragged by non-cash losses and an inventory write-down related to its investment in UK-listed speciality chemicals company, Synthomer Plc.
E&O yet to see impact from revamped MM2H programme on property sales, says MD
Property developer Eastern & Oriental Bhd (KL:E&O) said on Tuesday that it had yet to see notable impact from the revamped Malaysia My Second Home (MM2H) programme on its sales.
DONE DEAL: Condo unit, Park Regent, Desa ParkCity, Kuala Lumpur
Noteworthy:
- Freehold
- Built-up size: 2,573 sq ft
- Floor level: low
- 4 bedroom, 6 bathrooms
- Semi-furnished
- Nearby amenities: Damansara Specialist Hospital 2, Plaza Arkadia, The Waterfront @ ParkCity, The International School @ ParkCity, Sri Bintang Hill Trail, MRT Sri Damansara Sentral
- Accessibility: LDP, NKVE, DUKE, MRR2, SPRINT Penchala Link, DASH
When: August 2024
Analysts positive on IJM Corp's investment in JRL as it paves way to UK construction jobs
With JRL having a substantial order book of £1.5 billion (RM8.5 billion), and expertise in rail-adjacent and over-railway development, the acquisition is expected to bolster IJM’s foothold in the UK and contribute to the diversification of its revenue streams.
