MBSB's 3Q net profit down 44% on higher opex, impairment
The group said earnings were dragged down by higher operating expenses of RM170.
The group said earnings were dragged down by higher operating expenses of RM170.
DONE DEAL: Semidee, Idamansara, Kuala Lumpur DONE DEAL: Condominium unit, Vogue Suites, Kuala Lumpur Nestled within the serene landscapes of Kajang, Rymba Gardens Jade Hills presents a luxurious residential enclave that seamlessly combines nature with modern living.
The hypermarket has a development cost of RM42 million and will have a built-up area of 64,066 sq ft and 185 surface parking on a 4.
PBWA Kapar will be spread across a 2.
The group — comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT) — saw quarterly revenue grow 7.
The marginally higher revenue was thanks to STM Lottery's better topline, higher occupancy and room rates reported by its hotels division, and the disposal of land coupled with higher revenue from construction activities by its property development and investment division, which offset lower revenue reported by HR Owen.
The group’s property investment, recreation and resort segment has also seen a significant improvement which is evidenced by the increase in the occupancy rates of the hotels owned by the group.
According to Radium, its revenue and profit for the quarter under review came mainly from the Residensi Vista Sentul, Suite Canselor and Residensi Desa Timur projects.