I-Bhd expects the property development and leisure segment to contribute positively to the group.
PETALING JAYA: I-Bhd
’s net profit for its first quarter ended March 31 jumped 68% to RM10.24mil from RM6.1mil in the previous corresponding period, mainly due to higher revenue recognition for its property development division.
Revenue, meanwhile, increased to RM75.35mil from RM44.91mil a year earlier.
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