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...
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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...
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...
KUALA LUMPUR: S P Setia Berhad released its financial results for the third quarter of 2023 today, showcasing excellent sales achievements and sustained growth. The Group’s net profit stands at RM51.8 million in the third quarter ended Sept 30, 2023. Its revenue grew 25% to RM1.08 billion from RM860.9 million QoQ. The Group secured total sales of RM3.89 billion for the nine months ended Sept 30,...
KUALA LUMPUR: Varia Berhad, an experienced player in the field of construction, property investment, and property development, heralds a new era with a substantial upswing in Q2 FY2024 financial performance and strategic corporate developments. The Group’s transformative steps include the acquisition of Pembinaan Teguh Maju Sdn Bhd (PTM) and a dynamic rebranding to Varia Berhad. In Q2 FY2024, Varia...
KUALA LUMPUR: Revenue Group Bhd has obtained a moneylending licence from the Local Government Development Ministry (KPKT) to undertake online moneylending activity in addition to its existing moneylending business. In a filing with Bursa Malaysia, Revenue said its wholly owned subsidiary, Revenue Harvest Sdn Bhd (RHSB)...
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...
KUALA LUMPUR: Associations have called on the government to revert Malaysia My Second Home (MM2H) initiative to the Tourism, Arts and Culture Ministry (Motac) to resolve the various issues surrounding the programme. International Real Estate Federation (Fiabci) Malaysia president Datuk Firdaus Musa said due to the...