Avaland records highest-ever net profit of RM98.9m in FY2024
Avaland Bhd achieved its highest-ever net profit of RM98.9 million in financial year ended Dec 31, 2024 (FY2024), which was a 50% surge from the RM66.1 million recorded in 2023.
MRCB wins RM2.47b LRT3 reinstatement project, sees earnings contract in FY2024
Malaysian Resources Corporation Bhd’s (KL:MRCB) wholly-owned subsidiary Setia Utama LRT 3 Sdn Bhd has won a reinstatement works contract from Prasarana Malaysia Bhd worth RM2.47 billion that spans 48 months.
Berjaya Corp posts narrower 2Q net loss on finance costs and investment-related expenses
Berjaya Corp Bhd (KL:BJCORP) remained in the red for its second quarter ended Dec 31, 2024 (2QFY2025), dragged by high finance costs and investment-related expenses.
UEM Sunrise prioritises sustainable growth over quick monetisation of Johor land; rules out data centre development
Property developer UEM Sunrise Bhd (KL:UEMS) said on Thursday that it is taking a measured approach in utilising its land bank in the Johor region, prioritising sustainable development and product delivery over rapid monetisation.
IJM Corp’s 3Q profit rises 13%, sees stronger growth from construction, property divisions
IJM Corp Bhd (KL:IJM) reported a 12.9% year-on-year increase in net profit for the third quarter ended Dec 31, 2024 (3QFY2025), driven by higher construction activities and a land sale in Penang.
KSL Holdings' 4Q earnings up 16%, lifting annual profit to record high for second consecutive year
KSL Holdings Bhd (KL:KSL) achieved record-high annual profit for the second consecutive year, following a 16% growth in fourth-quarter earnings.
NCT Smart Industrial Park in Sepang receives five-diamond recognition at Low Carbon City Awards 2024
The NCT Smart Industrial Park (NSIP), by NCT Land Sdn Bhd, a subsidiary of NCT Group of Companies, has received a five-diamond recognition at the Low Carbon City Awards 2024 held at Sofitel Kuala Lumpur Damansara in Kuala Lumpur on Wednesday (Feb 26).
OSK Holdings plans one-for-two bonus issue; 4Q net profit jumps 51%
OSK Holdings Bhd (KL:OSK) has proposed a bonus issue exercise involving one bonus share for every two existing shares held.
Matrix Concepts says deferred revenue recognition drags down 3Q net profit to RM43m, will be recouped in coming quarters, declares 1.35 sen dividend
Matrix Concepts Holdings Bhd (KL:MATRIX) said on Thursday its net profit was down 24% in the third fiscal quarter from a year earlier on lower revenue and higher indirect expenses.
UEM Sunrise partners Singapore-listed GuocoLand to develop properties in Iskandar Puteri
UEM Sunrise Bhd (KL:UEMS) said on Thursday it will jointly develop some of its land in Iskandar Puteri, Johor, with Singapore-listed GuocoLand Ltd.
