KUALA LUMPUR: SHL Consolidated Bhd recorded a net profit drop of under 1% to RM6.979 million from RM7.041 million for its second quarter (2Q) financial results ended Sept 30, 2010, the group announced on Monday, Nov 29.

Revenue earned during the same period dropped 19% to RM50.538 million from RM62.068 million the year before.

KUALA LUMPUR: Ibraco Bhd recorded a net loss of RM2.42 million compared to a net loss of RM1.11 million a year ago, for its third quarter (3Q) financial results ended Sept 30, 2010, the group announced on Monday, Nov 29.

Revenue however, rose 80% to RM72,000 from RM40,000 the previous year.

The group attributed the revenue increase to landscaping and maintenance work.

KUALA LUMPUR: Mahajaya Bhd reported an increase in net profit by 54% to RM1.789 million from RM1.161 million a year ago for its first quarter (1Q) financial results ended Sept 30, 2010, the group announced on Monday, Nov 29.

Revenue earned during the same period fell by 24% to RM34.964 million from RM45.771 the previous year.

KUALA LUMPUR: Eastern & Oriental Bhd (E&O) recorded a drop of 56% in net profit to RM5.085 million from RM11.511 million a year ago for its second quarter (2Q) financial results ended Sept 30, 2010, the group announced on Monday Nov 29.

Revenue for the same period dropped by 43% to RM65.814 million from RM114.759 million a year ago.

KUALA LUMPUR: Bina Goodyear Bhd achieved net profit of RM291,000 from a net loss of RM6.067 million a year ago for its first quarter (1Q) financial results ended Sept 30, 2010, the group announced on Monday, Nov 29. Revenue dropped by 37% to RM62.746 million from RM99.592 million the previous year.

KUALA LUMPUR: Ekovest Bhd recorded a drop in net profit for its first quarter (1Q) financial results ended Sept 30, 2010 of 52% to RM1.005 million from RM2.094 million a year ago, the group announced to Bursa Malaysia on Monday Nov 29.

Revenue earned during this same period dropped by 60% to RM21.255 million from RM52.918 million the previous year.

KUALA LUMPUR: Mah Sing Group Bhd recorded a 26% year-on-year increase in profit after tax and minority interest (PATMI) for 3Q2010 with nearly RM30 million, the Groups said in a press release on Monday, Nov 29. Revenue earned in the same quarter was about RM283 million.

KUALA LUMPUR: UBG Bhd achieved a net profit hike of 88.7% to RM13.831 million from RM7.329 million a year ago for its third quarter (3Q) results ended Sept 30, 2010, the group announced on Monday Nov 29. Revenue earned during the same period increased by 1.92% to RM257.657 million from RM252.794 million a year ago.

LONDON: Despite the gloomy prognosis on the prospects ahead for the UK residential market, there is a growing acknowledgement that prime London real estate bears little correlation with the rest of the UK. Rather, these are two markets subject to different forces and any idea of a "ripple effect" is outmoded.

LONDON: Guoson Centre, the flagship project of GuocoLand (China) Limited (GLC) has won "Best International Mixed-use Development" at the International Property Awards in association with Bloomberg Television 2010.