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Real estate news News Home Editor's Pick Latest News In Depth Stories Lifestyle Stories Videos Narratives Malaysia Property Industry The Pulse on Companies Your Local Experts Guides Events Upcoming events Best Managed & Sustainable Property Awards 2021 Best Managed & Sustainable Property Awards 2020 Best Managed Property Awards 2019 Best Managed Property Awards 2018 Best Managed Property Awards 2017
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News by theedgemalaysia.com

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Keck Seng’s 4Q profit more than doubles, lifted by impairment reversal and lower cost of sales

28 February, 2024

Keck Seng (M) Bhd’s net profit more than doubled for the fourth quarter ended Dec 31, 2023 (4QFY2023) from the preceding quarter, despite lower revenue, due largely to a reversal of impairment loss recognised on an overseas hotel, lower cost of sales, and lower foreign currency translation losses.

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Tropicana halves its losses in 4Q as revenue climbs and expenses drop

28 February, 2024

Tropicana Corp Bhd managed to halve its net loss for its fourth quarter on a year-on-year basis, as it recorded lower expenses, and higher revenue and other income.

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news

UOA Development's 4Q profit more than doubles on recognition of ongoing projects

28 February, 2024

UOA Development Bhd's fourth quarter net profit more than doubled to RM118.72 million from RM53.06 million a year ago, helped by a progressive recognition of its ongoing development projects.

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UEM Sunrise lifts payout ratio, posts higher 4Q profit on land sales

28 February, 2024

UEM Sunrise Bhd is lifting its dividend payout to 40%-60% of net profit, from 20%-40% currently, as part of its dividend policy revision that was approved on Tuesday.

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OSK's 4Q net profit down 19.3% on higher taxes, lower share of profits from associates and JV

28 February, 2024

OSK Holdings Bhd’s net profit for its fourth quarter of financial year 2023 fell 19.29% to RM97.8 million from RM121.17 million a year earlier, despite higher revenue, as its bottom line was crimped by higher tax expenses and cost of sales, and lower share of profits from its associates and a joint venture (JV).

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Mah Sing 4Q net profit climbs 38%, expects stronger earnings ahead

28 February, 2024

Property developer Mah Sing Group Bhd said on Tuesday its net profit climbed 38% in the fourth quarter of 2023 from a year earlier, thanks largely to higher margin and lower net finance costs.

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MOT: No more compensation to ERL from 2029 if govt rejects fare hikes

27 February, 2024

“ERL is allowed to impose market-driven fares which will benefit the public, the government and ERL."

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news

Tax expert raises concern over surprise service tax expansion to maintenance and repair jobs

27 February, 2024

Chung said the tax consultant industry had not been properly consulted nor forewarned about the change that came into effect on Monday.

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news

Govt widens service tax scope to include maintenance and repair jobs

27 February, 2024

The service tax would be imposed on M&R services starting from Monday (Feb 26).

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news

WCE Holdings' loss widens by more than threefold in 3Q on higher interest costs

27 February, 2024

The interest cost was recorded at RM38.8 million compared with RM34.7 million previously. 

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