Yong Tai net loss swells in 4QFY22 due to whopping RM113.1 mil impairment
Yong Tai explained that the massive FY22 net loss of RM346.
Mulpha International 2Q net profit rises amid improved performance in hospitality division and high dividend income
The improved earnings were partly boosted by a dividend income of RM24.
Sunsuria 3Q earnings up 17% as property sales momentum rises
The real estate developer, which is 60%-owned by businessman Tan Sri Ter Leong Yap, reported that revenue almost doubled to RM122.
Paramount declares 2.5 sen dividend as 2Q profit jumps with stronger revenue
Paramount's property division recorded a 57% revenue jump to RM197 million from RM125.
IWCity posts wider net loss for 2Q, warns of challenging outlook
Its construction business was also weighed by higher material and operating costs, including administrative costs and finance costs, the property developer said in a stock exchange filing.
Chin Hin 2Q net profit boosted by fair value gain of RM37 mil
Chin Hin’s expansion into the property development and construction segment in 2021 has also brought in the revenue of RM12.
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Labour shortage impacts earnings recognition, says Sime Darby Property
Sime Darby Property group managing director Datuk Azmir Merican said the company is facing construction worker shortage of at least 50% to fully accelerate property projects to meet the company's planned schedule.
YTL Corp declares three sen dividend as it closes FY22 on a positive note
Improved results in the property segment were due mainly to higher sales, while our hotels division continued to see better results following the gradual recovery of the tourism and hospitality sectors as the year progressed.
