Newly listed Radium posts better 3Q earnings, up 46% q-o-q
According to Radium, its revenue and profit for the quarter under review came mainly from the Residensi Vista Sentul, Suite Canselor and Residensi Desa Timur projects.
According to Radium, its revenue and profit for the quarter under review came mainly from the Residensi Vista Sentul, Suite Canselor and Residensi Desa Timur projects.
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MRCB said the decline in revenue was due to much lower contributions from the property development and investment division, as well as the engineering, construction and environment division, following the completion of three major infrastructure construction projects last year and two major property development projects in the first half of 2023 (1HFY2023).
These targets will be reached by retrofitting its assets with energy efficient technology, adopting renewable energy, encouraging behavioural change among its staff and using lower-carbon materials, amongst other things.
Revenue declined by 34.
OSK said, in a filing with Bursa Malaysia on Monday, that it recorded stronger sales revenue for its power cable and industrialised building system (IBS) wall-panel manufacturing, driven by both local and export sales.
Analysts were unperturbed by its poorer y-o-y performance, as the results mostly met their expectations, while its core net profit had swelled q-o-q thanks to higher share of results from joint ventures and improved contributions from its property investment segment.
RM251 million gain on disposal of Malaysia Vision Valley land to Sime Darby Property Bhd.
Despite profit rising to RM13.