Gamuda 2Q net profit rises 7% as overseas projects continue to drive earnings
Revenue more than doubled to RM3.
EcoWorld Malaysia’s 1Q2024 profit after tax increases by 22.2%, RM1.26 bil sales achieved in four months
The group’s Iskandar Malaysia projects outperformed strongly with RM723 million sales achieved, representing 57% of total year-to-date sales.
Sime Darby Property’s 4Q net profit rises 27%, unbilled sales of RM3.6b provide three-year earnings visibility
The property developer declared a second interim dividend of 1.
UOA Development earnings down 47% amid lower revenue, higher tax expense
Revenue declined by 34.
Maybank IB expects Gamuda’s core net profit to hit RM1b mark in FY2025
In a note on Monday, the research house said Gamuda’s FY2023 CNP grew 7% year-on-year, another record high, as contributions from overseas engineering and construction (E&C) jobs offset earnings foregone post the sale of its tolled highways in October 2022.
Gamuda hits all-time high after posting RM1.84 bil profit in FY2023
On Wednesday, Gamuda reported that its net profit rose to RM1.
Glomac's 4Q net profit down 16% due to higher expenses and finance costs
Administrative expenses rose to RM5.
Scientex's 3Q net profit rises 24%, propelled by property business
The group anticipates strong demand for its affordably priced properties and will continue to launch new phases of developments.
Chin Hin Group’s 1Q net profit shrinks 24% to RM20.05 mil on higher tax expense
Its subsidiary Chin Hin Group Property Bhd is planning two new launches in 2023, being Avantro Residences in Bandar Kinrara and Ayanna Resort Residences in Bukit Jalil, with a total gross development value (GDV) of RM1.
