Binastra’s 2Q net profit jumps on higher construction work activities
“As the national economy is projected to remain in the range of 4.
“As the national economy is projected to remain in the range of 4.
In the property segment, MRCB is planning some RM1.
Earnings per share rose to 3.
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.
The group achieved RM2.
On property outlook, Glomac is cautiously optimistic of the improvement in the property market in the FY2025, amidst ongoing concern over higher construction cost.
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 chief executive officer Apollo Bello Tanco said the company looks to sustain its momentum built from last year.
Its property segment recorded a six-fold jump in profit before tax to RM33.