Tropicana trims 1Q net loss to RM5.23m on improved property investment
This is the fifth consecutive quarterly loss for the group. It first slipped into the red in 1QFY2022 with a net loss of RM33.39 million.
Mah Sing's 1Q net profit rises 16% to RM50m
Mah Sing Group Bhd's net profit for the first quarter ended March 31, 2023 (1QFY2023) rose 15.9% to RM50.06 million, from RM43.18 million a year earlier, on higher property sales.
Top Builders' auditor flags going concern uncertainty
Piling and engineering firm Top Builders Capital Bhd's external auditor Kreston John & Gan has flagged significant doubts over the group's future in an audit of its financial statements for the financial year ended June 30, 2022 (FY2022).
IOI Properties posts 93% rise in 3Q net profit on lower taxation
IOI Properties Group Bhd posted a 93.2% year-on-year jump in its third quarterly net profit ended March 31, 2023 (3QFY2023) to RM115.38 million from RM59.72 million on lower taxation.
OSK kicks off FY2023 on strong note
OSK Holdings Bhd registered a net profit of RM115.09 million, or earnings per share of 5.58 sen, in the first quarter ended March 31, 2023 (1QFY2023), a 36.3% increase from RM84.44 million or 4.09 sen per share a year before.
E&O’s Andaman Island Phase 1, The Meg and Arica get GreenRE Platinum Provisional Certifications
Eastern & Oriental Bhd (E&O) on Wednesday (May 26) announced that its township development project, Andaman Island Phase 1 has attained GreenRE Platinum Provisional Certification under the township category.
Rahim & Co: Property market remains above pre-pandemic levels despite slowdown in 1Q2023, industrial subsector shows positive growth
Rahim & Co International Sdn Bhd, in its 1Q2023 Property Market Review event on May 25 (Thursday), stated that although the property market witnessed a momentary slowdown in 1Q2023 as the volume of transactions fell by 5.7% compared to 1Q2022, the numbers remain higher than pre-pandemic levels corresponding to the first quarter performance.
Sime Darby Property sees challenging year for property industry, but optimistic about hitting sales target
Sime Darby Property Bhd (SDP) sees 2023 to be a challenging year for the property industry due to rising raw material prices and the recent hike in the overnight policy rate (OPR) to 3%.
YTL Corp posts flat 3Q net profit
YTL Corp Bhd’s net profit was flat at RM414.14 million in the third quarter ended March 31, 2023 (3QFY2023) from RM414.61 million a year before.
More questions raised by Bursa Securities on YNH Property’s RM170 mil land disposal to Sunway
YNH Property Bhd’s land deal with Sunway Group Bhd seems to have hit a stumbling block as Bursa Securities has raised more questions on the transaction.
