Tropicana halves its losses in 4Q as revenue climbs and expenses drop
For its full FY2023, Tropicana narrowed its net loss to RM174.
For its full FY2023, Tropicana narrowed its net loss to RM174.
MRCB said the lower earnings were due to much lower revenue contribution from its engineering, construction and environment division due to the completion of three major infrastructure construction projects last year, and the completion of two major property development projects from its property development and investment division in the first half of 2023.
The group’s revenue more than doubled to RM464.
IGB noted that the outlook of the office market in the near term remains volatile as there is an imbalance in the office supply-demand dynamics coupled with the fierce competition.
It declared a distribution per unit (DPU) of 2.
KUALA LUMPUR (Oct 19): The Inland Revenue Board (IRB) has announced the appointment of Datuk Mohd Nizom Sairi as its new chief executive officer (CEO) effective Tuesday (Oct 19).
KUALA LUMPUR (Oct 7): Aspen (Group) Holdings Ltd said its wholly-owned indirect subsidiary Aspen Vision Land Sdn Bhd (AVL) and three other subsidiaries of the group had entered into composite agreements with the director-general of the Inland Revenue Board (IRB) for a sum of RM56.
KUALA LUMPUR (Sept 17): Eco World Development Group Bhd’s net profit for the third quarter ended July 31, 2021 (3QFY21) dipped marginally by 1.
KUALA LUMPUR (Aug 16): Payment solutions provider Revenue Group Bhd said it is acquiring four land plots in Mukim Batu for RM44 million to house its subsidiaries’ administrative and operations, as well as technical team under one roof.
SINGAPORE (July 8): Hatten Land has announced yesterday that its wholly-owned subsidiary Prolific Revenue has on July 7 entered into a sale and purchase agreement (SPA) to sell land in Melaka for cash consideration of RM25.