Tiong Nam’s 4Q net profit surges over 11 times on fair value gain from warehouse investment
Quarterly revenue rose 4.
Quarterly revenue rose 4.
The lower contribution from the engineering, construction and environment division was partially offset by the property development and investment division, which recorded an operating profit of RM33.
Revenue improved mildly to RM4.
The group — comprising KLCCP and KLCC REIT — saw quarterly revenue grow 18.
PNB said Raja Arshad is currently chairman of Ekuiti Nasional Bhd, Icon Offshore Bhd and Bumi Armada Bhd.
China’s fast-rising steel production combined with poor end-user demand recovery, continues to pressure steel prices and industry profit margins.
The property developer’s quarterly revenue rose 14.
In a bourse filing on Monday (May 29), Mah Sing also said its revenue rose 48.
Zaini is currently executive vice president of the group, a position he held since July 1, 2020.
The auditor pointed to the group's and the company's accumulated losses of RM53.