PETALING JAYA: UOA Development Bhd’s third quarter net profit to Sept 30, 2014 increased 34.44% to RM102.88mil on the back of progressive recognition from the sale of its projects in Desa Green, South View Serviced Apartments, The Vertical Office Suites and the recently-completed Desa Eight and Le Yuan Residence.
Revenue increased 61.98% to RM349.86mil. Earnings per share increased to 7.28 sen from 5.83 sen for the third quarter.
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