Mah Sing posts RM64.2mil net profit in Q3


Mah Sing Group Bhd is exploring the possibility of teaming up with Chinese companies to set up a permanent Industrialised Building System (IBS) precast concrete plant in Southville City, KL South.

KUALA LUMPUR: Mah Sing Group Bhd is looking to launch new projects in the Klang Valley area, focusing on affordable homes segment where demand is said to be the strongest, after earnings in the third quarter declined.

Net profit in the three months ended Sept 30 fell 30% to RM64.2mil from RM92.3mil as revenue dropped 28% to RM504mil.

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