KUALA LUMPUR: Bina Puri Holdings Bhd (Bina Puri) recorded a net profit of RM1.707 million for the quarter ended March 31, a 68.2% increase from the preceding year’s corresponding quarter of RM1.015 million. Revenue rose 128.13% to RM298.421 million from the preceding year’s corresponding quarter of RM134.952 million.

KUALA LUMPUR: MK Land Holdings Bhd (MK Land) recorded a 35.5% drop in net profit to RM2.027 million in its third financial quarter ended March 31, 2010 from RM3.131 million in the corresponding quarter a year ago. Turnover dropped 5.1% with RM94.737 million in the current quarter under review versus RM99.781 million in the same period last year.

KUALA LUMPUR: Dijaya Corporation Bhd (Dijaya Corp) acquired the entire issued and paid-up share capital of Autumn Craft Sdn Bhd (ACSB) for a cash consideration of RM2. This newly incorporated dormant company was set up for the purpose of future operations and expansions of Dijaya Corp, the company said in a Bursa announcement on May 25.

KUALA LUMPUR: KSL Holdings Bhd (KSL) recorded a drop in net profit of 5.4% in the first quarter ended March 31,2010 with RM16.069 million compared to RM16.978 in the corresponding quarter a year ago. Revenue, however, increased by 17.1% with the current quarter recording RM53.536 million versus RM45.653 million in the same quarter a year ago.

KUALA LUMPUR: Property developer Selangor Dredging Bhd (SDB) has recorded a 125% rise in net profit for the first quarter ended March 31,2010 to RM10.358 million from RM4.6 million in the corresponding quarter a year ago. Revenue went up by 54.1% to RM66.218 million in the quarter under review from RM42.969 million in the corresponding quarter last year.

KUALA LUMPUR: A & M Realty Bhd has recorded a 323.3% rise in net profit for the quarter ending March 31,2010 to RM2.235 million compared with RM528,000 from the corresponding quarter a year ago. Revenue was up 61.2% to RM33.790 million in the quarter under review versus RM20.966 million in the corresponding quarter last year.

KUALA LUMPUR: UEM Land Holdings Bhd (UEM Land) saw its net profit increase 19.4% for the first quarter of 2010 ended March 31, 2010 to RM3.142 million from RM2.631 million in the corresponding quarter a year ago. However, revenue collected in the quarter under review dropped by 30% to RM39.699 million from RM56.511 million in the first quarter last year.

KUALA LUMPUR: Construction group Naim Holdings Bhd (Naim)'s net profit dropped by 11% to RM13.993 million for the first quarter ending March 31, 2010 from RM15.848 million in the corresponding quarter a year ago.

Revenue on the other hand rose 29.4% in the quarter under review to RM123.353 million from RM95.307 million recorded in the corresponding quarter last year.

KUALA LUMPUR: The rising cost of building and construction materials in Asia is still at a manageable level, said the Master Builders Association of Malaysia (MBAM).