MRCB returns to black in 3Q, boosted by higher recognition from construction progress, sales of completed inventory
The tremendous improvements were due to higher recognition from construction progress and sales of completed inventory which showed a marked pick-up after two years of Covid-19 related disruptions and numerous construction site closures, the group said in its latest financial results announcement on Wednesday (Nov 30).
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.
Sales momentum to remain strong in FY2023, but weaker than FY2022, says Sime Darby Property
“Of course, there is no crystal ball, but I will say sales momentum will still be strong, though it may not be as high as in FY2022,” Sime Darby Property group managing director Datuk Azmir Merican said.
Pesona Metro gets takeover offer from major shareholder at 19 sen per share
The takeover price of 19 sen per share represents premiums of 1.
NCT Alliance's nine-month earnings jump 73% to RM30.4m
NCT executive chairman and group managing director Datuk Seri Yap Ngan Choy said the strong performance was mainly due to the resumption of economic activities and the reopening of national borders.
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.
WCT registers RM12.5m net profit in 3Q on stronger revenue, lower costs
WCT group managing director Datuk Lee Tuck Fook said the group will continue to focus on project execution, while identifying new opportunities to replenish the order book of RM3.
Tiong Nam’s 2Q net profit jumps on higher logistics and warehousing revenue
Tiong Nam managing director Ong Yoong Nyock said the demand for its logistics and warehousing business is poised to further increase amid the economic recovery in the country.
OSK’s 3Q net profit rises 42% as all business segments see improved performance
The group believes its property development division will remain one of the key contributors to its performance for the remaining part of FY2022.
