KUALA LUMPUR: SkyWorld Development Berhad, an urban property developer principally involved in investment holding, provision of management services to its subsidiaries and property development, yesterday announced its financial results for the fourth quarter (Q4FYE2024) and unaudited full year ended March31, 2024 (FYE2024). For Q4FYE2024, SkyWorld Development reported profit before tax (PBT) and profit...
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KUALA LUMPUR: SkyWorld Development Bhd, an urban property developer principally involved in investment holding, provision of management services to its subsidiaries and property development, has achieved a revenue of RM148.3 million and a profit before tax (PBT) of RM27.5 million in its unaudited second quarter results during its financial year ending March 31, 2024 (Q2 FY24). For the quarter under...
PETALING JAYA: KIP Real Estate Investment Trust (KIP REIT) registered a gross revenue of RM22.4 million for the first quarter ended Sept 30, 2023 (Q1’24) which translated to a 15.6% increase compared with RM19.3 million in the preceding year’s corresponding quarter. Net property income rose by 15.2%, year-on-year, to RM16.5 million. KIP REIT reported an 18.2% increase in realised profit after tax...
KUALA LUMPUR: Property developer Glomac Bhd reported a lower revenue for the first quarter of the financial year ending April 30, 2024 (Q1’24). It posted a revenue of RM60.1 million, compared with Q1’23 revenue of RM65.5 million. The decrease was attributed to a lower contribution from the property development segment, which recorded a RM6.6 million decrease at RM54.1 million (Q1’23: RM60.7...
PETALING JAYA: Property developer Matrix Concepts Holdings Bhd recorded 37.3% growth in profit after tax attributable to shareholders to RM64.6 million in the first quarter ended June 30 2023 (Q1’24), up from RM47 million in the year-ago quarter. The higher net profit underlines the fourth consecutive quarter of net profit growth as the group benefits from continued strong demand for its...
KUALA LUMPUR: Matrix Concepts Holdings Bhd expects to see healthy demand moving forward, particularly at its flagship Sendayan Developments, as there is a growing inclination for Klang Valley residents to relocate outside of the city centre. "Supported also by an established and broadened sales channel through digital...
PETALING JAYA: SkyWorld Development Bhd, an urban property developer principally involved in investment holding, provision of management services to its subsidiaries and property development, today reported revenue of RM226 million and profit before tax (PBT) of RM72.6 million for the fourth quarter of financial year ended March 31 2023 (FY23). The gross profit margin for the quarter clocked in at...