YTL Corp's 3Q net profit rises 20% on higher contribution from all business segments
The quarterly net profit rose to RM496.
Avaland's 1Q net profit soars to RM21m on higher revenue
Avaland chief executive officer Apollo Bello Tanco said the company looks to sustain its momentum built from last year.
Sime Darby Property surges to fresh six-year high on data centre venture
More than a dozen analysts covering the stock raised their target prices to also account for the stronger-than-expected results announced on Tuesday.
Axis REIT to acquire two auto service centres for RM125m
The acquisition of the service centres, one in Seksyen 51A of Petaling Jaya and another in Batu Caves in Gombak, is expected to generate a starting gross yield of about 6.
Cahya Mata Sarawak 1Q net profit down 10%
But the declines in topline contribution were offset by higher year-on-year revenue across the group’s other segments, led by the road maintenance and property development divisions.
KLCCP Stapled Group reports marginal increase in 1Q earnings, pays 9 sen dividend
On prospects for the quarters ahead, KLCC Stapled Group said Suria KLCC maintains a positive outlook despite heightened competition, while Mandarin Oriental is strategically positioned to leverage the favourable economic climate, strengthening its collaboration with KLCC precinct partners.
Fajarbaru's 3Q profit soars over 14 times to highest in over 20 years
Its property segment recorded a six-fold jump in profit before tax to RM33.
Sime Darby Property confident of defending profit margin
Its group managing director Datuk Azmir Merican Azmi Merican said the group’s financial result for the first quarter ended March 31, 2024 (1QFY2024) serves as a strong testament to the effectiveness of having a good product mix as a tool to fortify margins.
Sime Darby Property to build, lease out data centre in RM2 bil deal
The data centre in Malaysia will be situated on a 49-acre (19.
