SP Setia Bhd
shares surged to a three-year high of RM3.44 yesterday after the property developer reported overnight what the market regarded as a respectable set of third-quarter figures.
For the three months to end-July, the company recorded a 25% rise in net profit to RM36.5mil from RM29.1mil in the corresponding period last year. Revenue for the latest quarter was marginally higher at RM228.7mil compared with RM211.9mil previously.
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