YNH Property’s 3Q net profit slumps 97% to RM43,000
“The group's performance for this year was mainly derived from profit recognition from sales of inventories in Pangsapuri Samudera, and progressive profit recognition of Kiara 163 KL.
“The group's performance for this year was mainly derived from profit recognition from sales of inventories in Pangsapuri Samudera, and progressive profit recognition of Kiara 163 KL.
WCT group managing director Datuk Lee Tuck Fook said the group will continue to focus on project execution, while identifying new opportunities to replenish the order book of RM3.
Tiong Nam managing director Ong Yoong Nyock said the demand for its logistics and warehousing business is poised to further increase amid the economic recovery in the country.
The group believes its property development division will remain one of the key contributors to its performance for the remaining part of FY2022.
The improved revenue performance was mainly contributed by Monet Garden at Sunsuria City township as well as from the group’s on-going projects; Sunsuria Forum (Phase 2), an integrated residential and commercial development at Setia Alam; Tangerine Suites at Sunsuria City township, and Bangsar Hill Park (Block A, D, and E).
UEM Sunrise CEO Sufian Abdullah: Residensi Astrea’s topping [out] demonstrates our continued efforts to bring value to the Mont’Kiara neighbourhood as one of its pioneer developers, despite the challenges we faced and overcame.
Eversendai said the loss included an unrealised foreign exchange loss of RM53.
AME group managing director Kelvin Lee Chai said that strong demand was recorded not only for its existing i-Parks, but also its newly-launched 169.
Kerjaya Prospek, which has four operating segments of construction, manufacturing, property development and investment, said that for 4QFY2022, the group will continue to monitor and implement appropriate business strategies in a timely manner to address the risk that post Covid-19 challenges, such as weakening of the ringgit and shortage of skilled manpower, may have on the operations and financial performance of the group.