LG returns to the black with RM44mil profit


  • Business Premium
  • Friday, 21 Feb 2003

Land & General Bhd has returned to the black with an un-audited pre-tax profit of RM44mil for its financial year ended Dec 31, 2002, compared with a pre-tax loss of RM236.89mil the year before. 

A statement from the company said the profit was achieved despite a lower turnover of RM204.7mil compared with RM270.7mil previously. 

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Financial Sector Blueprint 2022-2026 initiatives complement current banking infrastructure Premium
Boustead, Boustead Plantations appoint new directors Premium
KLCC REIT returns to the black in 4Q Premium
SDP's report on forced labour allegation close to completion Premium
Bursa Malaysia ends broadly higher Premium
RHB hosts webinar on small cap investment Premium
Bursa Malaysia posts RM355.25mil net profit for FY2021 Premium
AirAsia changes name to Capital A to reflect new core business strategy Premium
Thai finance ministry keeps 2022 GDP outlook despite Omicron Premium
Credit Suisse expects 50 bps cut in China's first-half reserve requirement ratio Premium

Others Also Read


Vouchers