Hap Seng Consolidated 4Q profit down 62% as key segments drag
For the full-year, Hap Seng’s net profit fell 15.
For the full-year, Hap Seng’s net profit fell 15.
Federal Court judge Datuk Zabariah Mohd Yusof ruled that the monastery’s proposed leave questions had not surpassed the Section 96 threshold under the Courts of Judicature Act as it involves questions of fact.
The gaming group posted the announcement on the Resorts World Genting website, stating that Genting Casino 1 (Circus Palace) and Genting Casino 2 (Hollywood) will be closed with effect from Feb 28.
The group said its lower profit for the year and quarter under review were due to higher staff costs, bank facility charges and marketing promotional expenses.
For its property-related businesses, the group remained vigilant in the timing of the new launches and challenges associated with sales, in view of the global geopolitical conflicts and the macroeconomic inflationary impacts on construction, material, and labour costs.
For its full FY2023, Tropicana narrowed its net loss to RM174.
UOA Development said new property sales during the year totalled RM827.
UEM Sunrise declared a dividend of 0.
Revenue for 4QFY2023 rose 27.