KUALA LUMPUR: UEM World Bhd’s first quarter net profit rose 23.9% to RM60.75mil from RM49.02mil a year ago, boosted by better performance in all the divisions but it was concerned about the macroeconomic challenges.
Announcing the better earnings Friday, UEM said group revenue rose 7% to RM1.47bil from RM1.38bil while pre-tax profit improved strongly by 44.6% to RM143mil from RM98.8mil. Earnings per share was 4.38 sen compared with 3.53 sen.
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