OSK’s 3Q net profit rises 42% as all business segments see improved performance
The group believes its property development division will remain one of the key contributors to its performance for the remaining part of FY2022.
The group believes its property development division will remain one of the key contributors to its performance for the remaining part of FY2022.
The improved revenue performance was mainly contributed by Monet Garden at Sunsuria City township as well as from the group’s on-going projects; Sunsuria Forum (Phase 2), an integrated residential and commercial development at Setia Alam; Tangerine Suites at Sunsuria City township, and Bangsar Hill Park (Block A, D, and E).
UEM Sunrise CEO Sufian Abdullah: Residensi Astrea’s topping [out] demonstrates our continued efforts to bring value to the Mont’Kiara neighbourhood as one of its pioneer developers, despite the challenges we faced and overcame.
Eversendai said the loss included an unrealised foreign exchange loss of RM53.
AME group managing director Kelvin Lee Chai said that strong demand was recorded not only for its existing i-Parks, but also its newly-launched 169.
Kerjaya Prospek, which has four operating segments of construction, manufacturing, property development and investment, said that for 4QFY2022, the group will continue to monitor and implement appropriate business strategies in a timely manner to address the risk that post Covid-19 challenges, such as weakening of the ringgit and shortage of skilled manpower, may have on the operations and financial performance of the group.
“Our residential launches achieved encouraging demands including Serenia City’s ‘Serenia Anira 3’ with 80% take-up, while the semi-detached and detached factories in Elmina Business Park achieved 100% take-ups showing our capability in catering to the needs of businesses of any scale with solutions ranging from ready-built factories to customisable built-to-lease industrial properties.
The MBAM is an association committed to building a resilient, agile and sustainable construction society through various cooperation and collaborations with its members, ministries, government institutions and non-governmental organisations.
In a bourse filing on Monday (Nov 28), Econpile said revenue for the quarter dipped 4.