Selling well: The shop units and apartments at Stutong Heights have contributed much to the group’s first-quarter profit.
KUCHING: Property developer Ibraco Bhd posted impressive results for first quarter ended March 31, 2015, thanks mainly from the sales of its projects.
The group’s pre-tax profit surged to RM16.6mil in the first quarter from RM9.3mil in the previous corresponding period. Revenue, however, dropped to RM57.2mil from RM59mil while earnings per share improved to 8.34 sen from 5.04 sen
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