SP Setia chalks up RM470mil 1Q sales


According to its president and chief executive officer Datuk Khor Chap Jen, S P Setia’s focus during the conditional movement control order (MCO) would be on the swift conversion of these bookings into sales.

PETALING JAYA: Property developer SP Setia Bhd secured total sales of RM470mil in the first quarter of financial year 2020 (1Q20), with about 77% of the sales contributed by its local projects.

In addition to the sales secured, the group had also secured about RM723mil bookings in the pipeline in the January-March 2020 period.

According to its president and chief executive officer Datuk Khor Chap Jen, SP Setia’s focus during the conditional movement control order (MCO) would be on the swift conversion of these bookings into sales.

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SP Setia , bookings , Khor Chap Jen , MCO , unbilled sales

   

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