Ekovest net loss swells in 4Q as construction and property investment revenues decline
The group attributed the lower revenue to fewer construction activities caused by slower lead time for the supply of building materials.
MRCB returns to the black in 2Q with RM14.1 mil net profit as operations normalise
MRCB added that the strong set of earnings was further boosted by the construction progress of the Light Rail Transit 3 (LRT3) project, despite shortages in labour and key building materials.
IJM Land sees over 85% Phase 1 units of IKON @ Centrio in Seremban 2 sold
Phase 1 occupies 11.
Paramount Corp sees stronger rebound in property demand in 2H
Its group chief executive officer Jeffrey Chew Sun Teong said that although the lingering economic uncertainties due to higher interest rate and inflation have dented buyer sentiment in general, new property launches planned for the rest of the year extend the group a stronger earnings prospect.
Living (affordably) in a townhouse
A townhouse is a unique type of property that has two self-contained, individual homes stacked upon each other.
Yong Tai net loss swells in 4QFY22 due to whopping RM113.1 mil impairment
Yong Tai explained that the massive FY22 net loss of RM346.
Mulpha International 2Q net profit rises amid improved performance in hospitality division and high dividend income
The improved earnings were partly boosted by a dividend income of RM24.
Sunsuria 3Q earnings up 17% as property sales momentum rises
The real estate developer, which is 60%-owned by businessman Tan Sri Ter Leong Yap, reported that revenue almost doubled to RM122.
Paramount declares 2.5 sen dividend as 2Q profit jumps with stronger revenue
Paramount's property division recorded a 57% revenue jump to RM197 million from RM125.
