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.
Trive’s 2Q net profit jumps to RM24 mil on fair value gains
For the first six months of 2023 (1HFY2023), the company's net profit came in at RM22.
Scientex’s 2Q net profit grows 13.5% amid stronger demand in property business
Scientex noted that its property business is seeing improvements in the authority approval process, which has expedited and contributed to better revenue recognition.
UOA Development's 4Q earnings drop 46% on lower progressive recognition for ongoing projects
UOA said total new property sales last year amounted to approximately RM638.
SunCon's 4Q net profit falls nearly 30% y-o-y on lower contribution from construction segment
Revenue for the construction segment rose 22.
Mah Sing's 3Q profit up 17% as revenue strengthened amid higher cost of sales
The property developer said it achieved RM640 million new sales in 3QFY2022, the highest quarterly sales recorded since 2017, while unbilled sales stood at RM2.
YNH Property’s 3Q net profit slumps 97% to RM43,000
“The group's performance for this year was mainly derived from profit recognition from sales of inventories in Pangsapuri Samudera, and progressive profit recognition of Kiara 163 KL.
Scientex's 4QFY22 profit slips 12% amid record revenue, declares five sen final dividend
Its property development segment made up the remaining 33.
UEM Sunrise reports RM20.7m 2Q profit as revenue jumps after land divestments
This compares to the net loss of RM7.
