LBS Bina unlikely to hit RM1.8 bil full year sales target, declares 2.6 sen special dividend
As of Nov 28, the group had registered total property sales of RM1.
As of Nov 28, the group had registered total property sales of RM1.
Net profit for the third quarter ended Sept 30, 2024 (3QFY2024) rose to RM73.
Its revenue for the quarter jumped 42.
Last Friday (Nov 29), LBS Bina declared a special dividend as its net profit surged four-fold for the third quarter, carried by a one-off gain from the disposal of Lamdeal Investments Ltd (LIL).
“Things have been going well, and the amount of GDV we can generate from our launches has become more consistent.
The higher sales saw its quarterly revenue increase by 26.
To be launched and developed over four phases, Serai @ SBCR is an individual-titled residential development sitting on a 64-acre leasehold tract.
Radium had already achieved provisional GreenRE Gold certification for its R Suites Chancery Residences, Ampang, and Radium Arena, Old Klang Road.
Analysts now expect Kerjaya Prospek to dish out a record-high dividend totalling 15 sen per share, following the latest planned distribution of seven sen per share.