Higher profit for Mah Sing as unbilled sales hit RM5.26bil

Mah Sing plans new phase launch of Lakeville Residence.

PETALING JAYA: Mah Sing Group Bhd, which had unbilled sales of RM5.26bil as at Dec 31, 2014, finished the year strongly with a net profit of RM84.55mil for its fourth quarter, a 20% increase from the RM70.70mil it had registered in the previous corresponding period.

Unbilled sales refers to revenue which has been recognised but not billed to the purchaser.