Fajarbaru's 3Q profit soars over 14 times to highest in over 20 years
Its property segment recorded a six-fold jump in profit before tax to RM33.
Sime Darby Property confident of defending profit margin
Its group managing director Datuk Azmir Merican Azmi Merican said the group’s financial result for the first quarter ended March 31, 2024 (1QFY2024) serves as a strong testament to the effectiveness of having a good product mix as a tool to fortify margins.
Sime Darby Property to build, lease out data centre in RM2 bil deal
The data centre in Malaysia will be situated on a 49-acre (19.
Radium Development reports revenue of RM27.53 million in 1QFYE2024
The group maintained a gross gearing ratio of 0.
Public Bank loses case against house buyer on failure to prove falsification of supporting documents
The Kuala Lumpur High Court ordered the bank to pay close to RM65,000 in damages to the house buyer, in addition to a sum the court will decide on after assessing the man’s loss of the property and his subsequent loss of reputation on being blacklisted by the Central Credit Reference Information System (CCRIS) and CTOS data system.
Sime Darby Property soars to near six-year high after 1Q results
Core net profit for the first three months ended March 31, 2024 (1QFY2024) accounted for 29% of consensus’ full-year estimates, which was above expectations, as analysts noted that SimeProp usually reports stronger results in the second half.
DONE DEAL: Bungalow, Ukay Heights, Ampang, Selangor
DONE DEAL: Bungalow, Damansara Heights, Kuala Lumpur DONE DEAL: Condominium, Menara Bukit Ceylon, Bukit Ceylon, KL A majority of landed properties in Ukay Heights fall in the >8,000 sq ft range, and non-landed properties are sized in the 1,000-1,500 sq ft range.
LBS posts flat 1Q net profit as revenue drops to lowest in nearly three years
LBS Bina said the property development segment remained its largest revenue contributor, at 96% or RM327 million of the group’s total revenue.
Avaland Bhd sees 60% take-up rate for Amika Residences within two months of launch
Avaland Bhd chief executive officer Apollo Bello Tanco: “This remarkable accomplishment has been further recognised when we managed to secure GreenRE Gold certification for Amika Residences, which is a testament of our continued dedication to develop sustainable projects.
Sunway's 1Q net profit up 22% amid stronger earnings from property, healthcare segments
The diversified group saw its net profit for the quarter ended March 31, 2024 (1QFY2024) rise to RM172.
