Cahya Mata reports over 26% 2Q profit jump on stronger profit margin
Earnings per share rose to 3.
UEM Sunrise 2Q2024 net profit up by 129%, sales target on track
Flagship projects totalling over RM2 billion launched in 2023 are still in the early stages of development, which will significantly bolster the company’s unbilled sales and provide strong revenue visibility moving forward.
Eco World Development’s 2Q net profit up 12%, declares two sen dividend
The group achieved RM2.
Glomac 4Q net profit up 8% on fair value gain on investment property, pays 1.25 sen dividend
On property outlook, Glomac is cautiously optimistic of the improvement in the property market in the FY2025, amidst ongoing concern over higher construction cost.
Kerjaya Prospek posts 14% in 1Q net profit, declares 2.5 sen dividend
The construction outfit said the increase in revenue for the current quarter under review was mainly because progress of construction work activities has improved.
Avaland's 1Q net profit soars to RM21m on higher revenue
Avaland chief executive officer Apollo Bello Tanco said the company looks to sustain its momentum built from last year.
Fajarbaru's 3Q profit soars over 14 times to highest in over 20 years
Its property segment recorded a six-fold jump in profit before tax to RM33.
Sime Darby Property confident of defending profit margin
Its group managing director Datuk Azmir Merican Azmi Merican said the group’s financial result for the first quarter ended March 31, 2024 (1QFY2024) serves as a strong testament to the effectiveness of having a good product mix as a tool to fortify margins.
Sime Darby Property soars to near six-year high after 1Q results
Core net profit for the first three months ended March 31, 2024 (1QFY2024) accounted for 29% of consensus’ full-year estimates, which was above expectations, as analysts noted that SimeProp usually reports stronger results in the second half.
