PETALING JAYA: Global packaging manufacturer and property developer Scientex Bhd delivered record results for the financial year ended July 31, 2024 (FY24), with revenue increasing 9.8% to RM4.5 billion, and net profit surging 24.4% to RM545.2 million. The improved performance was primarily driven by robust demand in the property division, which recorded a 29.7% year-on-year increase in revenue to...
registers
PETALING JAYA: I-Berhad posted profit before tax of RM7.2 million in fourth-quarter 2023 (Q4’23), an increase of 14%, thanks to the strengthening of i-City’s position as a notable vibrant destination in Shah Alam for immersive experiences, dining and living. The group reported revenue of RM44.5 million for Q4’23, an increase of RM2.2 million from RM42.3 million in the corresponding quarter ended...
KUALA LUMPUR: Matrix Concepts Holdings Bhd achieved RM310.8mil in new property sales in the second quarter of its 2024 financial year, with the lion's share of the sales stemming from Sendayan Developments. With the latest quarter, the property developer's new property sales in 1HFY24 rose to RM616.1mil. The group's...
PETALING JAYA: The property market activity recorded more than 100,000 transactions worth RM57.15 billion in the third quarter of 2023 (Q3’23), an increase of 3.7% in volume and 22.6% in value compared with Q3’22, according to the Valuation and Property Services Department in the Finance Ministry. Disclosing this yesterday by the National Property Information Centre (Napic), it said that from the...
PETALING JAYA: Sunway REIT’s net profit decreased to RM72.19 million in the second quarter ended June 30, 2023 (Q2’23) compared with RM74.51 million in the corresponding quarter in the previous year, due to higher finance costs from the overnight policy rate increases in 2022 and May 2023. Revenue rose to RM166.53 million compared with RM144.51 million in the same quarter last year, primarily...