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.
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.
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.
Radium Development reports revenue of RM27.53 million in 1QFYE2024
The group maintained a gross gearing ratio of 0.
Sime Darby Property soars to near six-year high after 1Q results
Core net profit for the first three months ended March 31, 2024 (1QFY2024) accounted for 29% of consensus’ full-year estimates, which was above expectations, as analysts noted that SimeProp usually reports stronger results in the second half.
LBS posts flat 1Q net profit as revenue drops to lowest in nearly three years
LBS Bina said the property development segment remained its largest revenue contributor, at 96% or RM327 million of the group’s total revenue.
Sunway's 1Q net profit up 22% amid stronger earnings from property, healthcare segments
The diversified group saw its net profit for the quarter ended March 31, 2024 (1QFY2024) rise to RM172.
