Commenting on the financial results, UEM Sunrise managing director and CEO Anwar Syahrin Abdul Ajib said the company
PETALING JAYA: UEM Sunrise Bhd
’s net profit for the first quarter ended March 31 increased significantly to RM61.3mil compared to RM3mil in the previous corresponding period as a result of higher property development revenue and the revision of the estimated cost for completed projects.
Revenue jumped 110% to RM541.8mil from RM257.75mil for the period.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
