YNH Property’s loss attributable to ordinary equity shareholders narrows to RM1.27m in quarter ended March 31
The company is changing its financial year-end to June 30 from December 31, due to the change in internal operations.
Higher contributions from operating segments lift IGB’s 1Q net profit by 31%
Revenue from the hotel segment more than doubled to RM58.
MRCB posts lower 1Q profit on completion of DASH highway project
The lower contribution from the engineering, construction and environment division was partially offset by the property development and investment division, which recorded an operating profit of RM33.
KLCCP Stapled posts higher 1Q net profit, declares 8.5 sen dividend
The group — comprising KLCCP and KLCC REIT — saw quarterly revenue grow 18.
Top Builders' auditor flags going concern uncertainty
The auditor pointed to the group's and the company's accumulated losses of RM53.
YTL Corp posts flat 3Q net profit
Its property investment and development saw loss before tax narrowed due to the absence of a rental deferral programme which ended June 30, 2022, and the absence of unrealised foreign exchange loss on borrowings denominated in foreign currencies by YTL Hospitality REIT.
MBSB earnings up 27.3% on lower expected credit losses and opex
Commenting on the results, MBSB group chief executive officer Datuk Nor Azam M Taib said, “The improvement is driven by strong fundamentals based on our business plan despite the challenging economic environment.
Berjaya Land returns to black in 3Q amid higher revenue
The group also saw higher property progress billings from its property development and investment business segment, coming from its project at The Tropika, Bukit Jalil.
Sime Darby Property’s industrial growth strategy bolstered via RM618 mil land acquisition
The Kapar land acquisition is in line with Sime Darby Property’s SHIFT25 strategy, which aims to transform the company from a pure play property developer into a real estate company by broadening and diversifying its income streams.
DONE DEAL: Bungalow, Bukit Tunku, Kuala Lumpur
DONE DEAL: Serviced residence, Taman Maluri, Cheras, Kuala Lumpur DONE DEAL: Serviced residence, Tropicana Gardens, Selangor Situated in a posh residential area of Kuala Lumpur, Bukit Tunku or famously known as Kenny Hills, has a myriad of conveniences.
