UEM Sunrise lifts payout ratio, posts higher 4Q profit on land sales
UEM Sunrise declared a dividend of 0.
UEM Sunrise declared a dividend of 0.
Revenue for 4QFY2023 rose 27.
For 2024, the company said it is targeting sales of at least RM2.
WCE Holdings updated that the construction of Section 11 of the WCE project has been completed and is currently at the inspection stage.
The net loss in the quarter was mainly due to its subsidiary HR Owen plc reporting a loss, which is attributed to lower revenue coupled with higher operating expenses incurred due to inflationary pressure and the higher depreciation following the completion and full operation of Hatfield Center.
For the full year, CMS’ net profit more than halved to RM115.
The group said ARSB's receiver and manager (R&M) Deloitte Restructuring Services PLT had entered into a binding agreement with Mutiara Hotels & Resorts Sdn Bhd for the sale of the charged asset.
According to the property developer’s filing, quarterly revenue climbed 21.
Net profit for the three months ended Dec 31, 2023 (4QFY2023) was RM32.
Datuk Azmir Merican: The exchange rate does give us a bit of an impact all the time, because of the price of raw materials [which will be] impacted [by] the exchange rates.