SP Setia keeps sales target

A potential earnings surprise could come from land sales, according to Maybank Investment Bank Research. This is because SP Setia is looking to dispose of non-strategic landbank worth RM1.8bil in market value, according to the research firm

PETALING JAYA: SP Setia Bhd is maintaining its RM3.8bil sales target for this year and is focusing on converting the existing RM1.5bil bookings into sales.

A potential earnings surprise could come from land sales, according to Maybank Investment Bank Research. This is because SP Setia is looking to dispose of non-strategic landbank worth RM1.8bil in market value, according to the research firm.