SP Setia maintains RM3.8b sales target, Maybank IB Research says

Maybank Research said following the reopening of the economy after lockdown, property sales have started picking up.

KUALA LUMPUR: SP Setia is maintaining is RM3.8bil sales target for this year and is focusing on converting the existing RM1.5bil bookings into sales, Maybank Investment Bank Research said.

The research house said on Thursday the potential earnings surprises could come from land sales.