Berjaya Land returns to profit in 1QFY2023 as revenue grows

BLand's improved revenue was also driven by increase in overall occupancy rates by the hotels and resorts business segment, increase in property progress billings by property and investment business segment from its project at The Tropika in Bukit Jalil as well as higher new car sales reported by HR Owen.

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UEM Sunrise posts net profit of RM20.35m in 3QFY22

UEM Sunrise noted the group's operating profit margins in the current quarter improved substantially at 16% compared to prior year's corresponding quarter of -1% partly due to a one-off recognition of other operating income amounting to RM10 million and lower operating expenses due to fewer launches and bad debts recovery from the retail segment.

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