The property development group attributed the outstanding performance to improvements across all its business segments particularly the hospitality and leisure segment, which saw a sterling recovery of more than 400% in revenue.
UEM Sunrise noted the group's operating profit margins in the current quarter improved substantially at 16% compared to prior year's corresponding quarter of -1% partly due to a one-off recognition of other operating income amounting to RM10 million and lower operating expenses due to fewer launches and bad debts recovery from the retail segment.
DONE DEAL: Semi-detached unit, Seksyen 22, Petaling Jaya, Selangor DONE DEAL: Shophouse, Pandan Indah Commercial Park, Ampang, Kuala Lumpur Taman Impian Ehsan is a housing area located in Seri Kembangan, Selangor, surrounded by shoplots and industrial buildings.
The first contract is for the construction of a new chip assembly and testing facility with a value of RM341.
BAssets expects its operating results for the remaining quarters of FY23 to be satisfactory despite challenges amid rising inflationary pressures, supply chain disruptions and rising energy costs.
The group’s unbilled sales stood at RM1.
The special dividend’s ex-date is Dec 13, with entitlement on Dec 14, according to the group’s filing on Tuesday (Nov 22).
Looking ahead, SunCon foresees its precast segment will contribute more to the group's financials in the near future with the integrated construction and prefabrication hub plant targeted to be commissioned by December this year.
Pavilion Bukit Jalil mall, located in Bukit Jalil, has a net lettable area of 1.
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