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Batu Kawan Bhd and its 47.74%-held Kuala Lumpur Kepong Bhd (KLK) reported lower earnings for the fourth quarter ended Sept 30, 2022 (4QFY2022), mainly dragged by significantly lower investment holding and manufacturing profits.

Yong Tai Bhd started its financial year ending June 30, 2023 (FY23) with a net profit of RM1.81 million for the first financial quarter ending Sept 30, 2022 (1QFY23), from a RM5.56 million net loss posted in the same period last year, mainly due to contribution from improved sales of completed units.

IOI Properties Group Bhd (IOIPG) recorded a stellar performance for the first quarter ended Sept 30, 2022 (1QFY2023), recording net profit of RM640.29 million, which was three times higher than 1QFY2022's.

UEM Sunrise Bhd posted a net profit of RM20.35 million or 0.4 sen per share in the third quarter ended Sept 30, 2022 compared to a net loss RM50.38 million or 1 sen per share in the same period last year on improved revenue contribution from the property development segment.

Noteworthy:

• Land size: 46,000 sq ft
• Built-up size: 25,000 sq ft
• Semi-furnished 
• Nearby amenities: Convenience stores, schools, Amerin Mall, AEON Mall Cheras Selatan, The Mines Shopping Mall, LRT Sungai Besi, 
• Accessibility :EKVE highway, SUKE highway,  SILK highway

When: October 2022

This is the 11th consecutive quarter of loss for the group since 3QFY20.

The group’s unbilled sales stood at RM1.4 billion as at Sept 30, 2022, providing earnings visibility over the next 12 to 15 months.

Gamuda Bhd has announced a special interim dividend of 38 sen per share, just over a month after the engineering, property and infrastructure company successfully completed its divestment of four of its highways to Amanat Lebuhraya Rakyat Bhd (ALR).

Looking ahead, SunCon foresees its precast segment will contribute more to the group's financials in the near future with the integrated construction and prefabrication hub plant targeted to be commissioned by December this year.