EcoWorld International expects total dividends from its excess cash to exceed initial estimate of RM900 mil
EcoWorld International achieved RM1.
EcoWorld International achieved RM1.
In terms of its property division, Scientex said it is optimistic that demand for its affordable housing will remain resilient for the coming financial year.
“Our earnings recognition and future cash flow will be backed by our unbilled sales of RM1.
MRCB said the lower earnings were due to much lower revenue contribution from its engineering, construction and environment division due to the completion of three major infrastructure construction projects last year, and the completion of two major property development projects from its property development and investment division in the first half of 2023.
Moving forward, YNH expects its Solasta Dutamas residential development project in Mont’Kiara, which has a gross development value of RM750 million, to contribute positively to the group in the next three financial years.
Revenue from the property development division saw a more than three-fold increase to RM39.
On the other hand, revenue rose 8.
The group’s revenue more than doubled to RM464.
For the cumulative six months ended June 30, 2023, net profit jumped to RM246.