PETALING JAYA: MKH Bhd
’s earnings rose 33.5% to RM103.4mil for the full year ended Sept 30, underpinned by a higher percentage of profit recognition of ongoing and new development projects. Revenue rose 23.8% to RM688.29mil from RM555.92mil.
These projects were the Pelangi Semenyih 2, Hill Park Home, Saville@Melawati, Pelangi Seri Alam, Saville@the Park, Bangsar and Mewah 9 Residence. There was recognition of a bargain purchase gain on the acquisition of subsidiaries totaling about RM31.2mil.
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