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Chin Hin posts sharply higher 4Q net profit on higher contributions by JVs

Home-grown building materials specialist Chin Hin Group Bhd’s fourth quarter net profit increased by more than six times from a year earlier, on the back of higher earnings from its joint ventures (JVs) and associates, as well as a disposal gain of RM9.12 million from its subsidiary.

MRCB's 4Q profit jumps to RM80m on disposal gains, from RM13m a year ago

Construction and property development firm Malaysian Resources Corp Bhd (MRCB) said on Thursday its net profit jumped to RM80.23 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), from RM13.02 million a year earlier, as gains from disposal of two properties offset a decline in revenue.