Eversendai's 2Q profit jumps as it logs record revenue
Eversendai Corp Bhd's (KL:SENDAI) net profit jumped exponentially in the second quarter, as the group recorded its highest ever quarterly revenue, while finance costs and expenses fell by half.
Eversendai Corp Bhd's (KL:SENDAI) net profit jumped exponentially in the second quarter, as the group recorded its highest ever quarterly revenue, while finance costs and expenses fell by half.
AME Elite Consortium Bhd (KL:AME) reported on Thursday that its net profit more than doubled for the first financial quarter, lifted mainly by stronger contributions from its property development and construction segments.
Inta Bina Group Bhd (KL:INTA) clinched a RM67.79 million contract on Thursday to undertake the construction of houses in Cyberjaya.
The government will raise the consent threshold for urban renewal projects to 80% across the board, Housing and Local Government Minister Nga Kor Ming said on Thursday.
OSK Holdings Bhd's (KL:OSK) second-quarter net profit rose 10.33% to RM142.0 million from RM128.7 million a year earlier, on the back of higher earnings from its operating businesses.
Malaysia’s construction industry has staged a strong rebound, with project values in 4Q2024 having doubled to RM42.05 billion compared with two years ago, said Works Minister Datuk Seri Alexander Nanta Linggi.
Mulpha International Bhd’s (KL:MULPHA) net profit surged to RM270.9 million in the second quarter ended June 30, 2025 (2QFY2025), up over six times from RM43.4 million a year earlier, mainly due to the sale of its 15.8% stake in Aveo Group’s parent company, Hydra RL TopCo Pty Ltd, for A$339.3 million (RM936.5 million).
Prime Minister Datuk Seri Anwar Ibrahim said on Thursday that the government is prepared to refine and amend the proposed Urban Renewal Bill 2025 (URA Bill), ahead of its second reading in the Dewan Rakyat.
Construction and property group Malaysian Resources Corp Bhd (KL:MRCB) posted a 70.6% year-on-year fall in net profit for the second quarter on lower construction billing.
KLCCP Stapled Group (KL:KLCC) said its second quarter net profit rose 4.9% to RM200.45 million from RM191.06 million a year earlier, supported by higher contributions from the retail and hotel segments.