Mah Sing's net profit rises 18%


KUALA LUMPUR: Mah Sing Group Bhd’s net profit for the first quarter ended March 31, 2015 rose 18% to RM98.89mil from RM83.78mil a year ago due to higher work progress and sales from ongoing development projects.

The property developer said on Thursday, that the ongoing development projects that contributed to its earnings were Icon City, M City, M residence, M Residence 2, Southville City@ KL South and Southbay City.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Tech shares to rise ahead of broader market
Trading ideas: MAHB, YTL Power, MPHB, IHH, Kerjaya Prospek, E&O, Aurelius, Ageson, UUE
Smart Asia makes strong debut on ACE Market
Retail, commercial and hotel segments lift IGB in 1Q24
Additional RMAF base job for Fajarbaru
KIB to monitor market uncertainties
SD Plantation rebrands as SD Guthrie
KWAP’s Dana Pemacu to boost private markets
Southern Cable 1Q net profit surges to RM14mil
Automation solutions to drive Genetec

Others Also Read