YNH Property 2QFY2010 (ECM Libra) hold; target price RM1.58
2QFY10 : Better earnings outlook
Latest
France may struggle to raise cash in property sales
PARIS: The French government's drive to raise badly needed funds by selling a chateau, sumptuous villas and a host of other state-owned properties may not be going as well as expected.
China to strengthen price management in property
CHINA: China will strengthen price management for the remaining year on expectations of lower inflation, director of the National Development and Reform Commission Zhang Ping said in a report delivered to the National People’s Congress.
Mah Sing: Spot-on 1H2010 result
Mah Sing Group
Henderson Land hurt by cancelled sales
HONG KONG: Henderson Land Development, the developer in the spotlight over controversial flat sales at its luxury 39 Conduit Road development, said underlying profit fell 37.36%, mainly due to a loss from the cancellation of the sale of 20 units at the Mid-Levels project.
Mitrajaya’s revenue up by 68% to RM97m
KUALA LUMPUR: Mitrajaya Holdings Bhd’s revenue increased by 68% to RM97.1 million for its second quarter (2Q) ended June 30, 2010, compared with a revenue of RM57.9 million posted a year ago. Its net profit also increased to RM18.6 million from RM3.4 million a year ago.
DRB-Hicom's posts RM 200.2m 1Q net profit
KUALA LUMPUR: DRB-Hicom Bhd posted a net profit of RM200.22 million for its first quarter (1Q) ended June 30, 2010, compared with RM60.5 million a year ago, mainly due to the increase to the recognition of the negative goodwill arising from accretion of equity interest in EON, improved performance of subsidiaries and higher shares of results of jointly controlled entities and associated c
OSK Property posts net profit of RM5.15 million
KUALA LUMPUR: For its second quarter (2Q) ended June 30, 2010, OSK Property Holdings Bhd achieved net profit of RM5.15 million on revenue of RM28.74 million, compared with net profit RM1.65 million on revenue of RM22.89 million a year ago.
A & M Realty posts net profit of RM2.7 million
KUALA LUMPUR: A & M Realty Bhd posted a revenue of RM37.5 million and a net profit of RM2.7 million for its second quarter (2Q) ended June 30, 2010, compared with revenue RM42.3 million and net profit RM2.9 million posted a year ago.
YNH Property Bhd posts net profit of RM16m
KUALA LUMPUR: YNH Property Bhd posted revenue RM65.09 million and net profit RM16.03 million for its second quarter (2Q) ended June 30, 2010, compared with revenue RM74 million and net profit RM15.5 million posted a year ago.
