S P Setia's 4Q net profit jumps 118% to RM123 mil
Revenue however slipped 7.28% to RM1.03 billion, from RM1.11 billion, on lower contributions from its property development segment, the group said in a filing with Bursa Malaysia.
Latest
Paramount 4QFY21 net profit jumps to RM24m, proposes three sen dividend
In a bourse filing, the group said its quarterly revenue soared 68.5% to RM317.34 million from RM188.39 million in the corresponding quarter of the previous year.
UEM Edgenta sees up to 30% order book growth in FY22, backed by healthcare support service, international segments
“We continue to be very optimistic on both our healthcare and international segments. We are looking at a 20% to 30% increase in terms of new order book wins in 2022,” its chief strategy officer Rais Imran told the press after the virtual briefing for UEM Edgenta’s fourth quarter (4QFY21) and full-year financial performance (FY21).
Investment fair value loss pulls down IOI Properties 2Q net profit
This resulted in lower earnings per share of 2.29 sen for 2QFY22 compared with 3.1 sen for 2QFY21, according to the group’s filing.
Tropicana says 4Q net profit down 83% on absence of land disposals, closes FY21 in the red
In 4QFY20, the group benefited from the disposal of two parcels of land in Johor Baru for a combined RM157.4 million.
Sime Darby Property not ruling out REIT along transformation path
This is after, among others, the creation of an industrial development fund (IDF), which will be part of the investment and asset manager business under Sime Darby Property’s SHIFT 25 business model.
UOA Development 4Q net profit more than doubles, proposes first and final dividend
According to the property developer's filings with Bursa Malaysia on Thursday (Feb 24), revenue however dropped to RM136.45 million in the fourth quarter ended Dec 31, 2021 (4QFY21) from RM194.11 million
IJM Corp 3Q net profit down 33%, sees improvement in 4Q
The group saw its net profit jump three-fold to RM793.42 million for the cumulative nine months ended Dec 31, 2021 (9MFY22) from RM247.76 million a year ago, even though revenue came in lower by 4.7% to RM3.18 billion from RM3.33 billion in 9MFY21 due to lower construction activities as a result of the Covid-19 lockdown.
Sime Darby Property reports full-year profit as new real estate sales tops target
“(For the full year) Sime Darby Property recorded an impressive RM3 billion sales achievement for FY21. This exceeded the group’s FY21 sales target of RM2.4 billion and is a significant 50% year-on-year increase from the previous year,” the company said.
EdgeProp launches LoanReport, Malaysia’s first loan eligibility tool
LoanReport also provides the indicative market price of a property together with a credit report from CCRIS and CTOS. This gives a realistic overview of the user’s eligibility in getting a loan.
