KUALA LUMPUR: Property company Country View Bhd
’s earnings in the first quarter ended Feb 28, 2014 rose 30% year-on-year to RM22.3mil from RM17.2mil, even though revenue slipped 3.1% to RM61.4mil from RM63.3mil.
It said the decrease in revenue was due to the lower number of units sold while the rise in profit was from higher selling prices, as well as sales of bumi-release units for residential and shop offices in Taman Nusa Sentral, Johor.
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