UOA net profit rises to RM417mil


KUALA LUMPUR: Property-based UOA Development Bhd saw its net profit rise to RM417.02mil in the financial year ended Dec 31, 2015 on greater earnings recognition of its ongoing property projects.

In a filing with Bursa Malaysia, the group reported a net profit of RM111.07mil for the fourth quarter of FY15, compared with RM88.4mil over the same quarter a year ago.

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