Sunway Construction Group Bhd's (SunCon) net profit for the fourth quarter ended Dec 31, 2022 (4QFY2022) declined 29.48% year-on-year (y-o-y) to RM45.65 million from RM64.73 million, dragged mainly by lower contribution from construction segment.
Metering and engineering group George Kent (Malaysia) Bhd swung to a net loss in its third financial quarter ended Dec 31, 2022 (3QFY2023), mainly due to lower contribution from the metering division and foreign exchange (forex) loss.
The winner, Hwang Chang Ching, received the grand prize of an all-expenses paid trip to experience Battersea Power Station in London.
The RM62.77 million Begonia offers two layouts, namely Venosa and Grandis, which are spread across 7.26 acres.
Matrix has been consistent in delivering sales performance even as the property market was impacted by various lockdowns, added Tan.
According to its projections, sales of passenger EVs will rise by 82.0% in 2023, reaching a volume of roughly 5,840 units annually.
The group attributed the lower earnings to the fall in other operating income, which declined by 88% to RM17.01 million from RM146.09 million a year before.
The four buyers are acquiring Provectus Bioenergy Sdn Bhd for RM115,688 from Ee Hood Liang and Wong Pak Wei.
Quarterly revenue of the furniture manufacturer fell 31.4% to RM152.43 million from RM222.17 million a year ago, due to sluggish demand for the group’s products, especially for bedroom set, dining and sofa and high level of inventory.
YKGI said its 80.36%-owned subsidiary ASTEEL Development Sdn Bhd will undertake the Housing Development Corporation project.
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