Better fourth quarter profit for Glomac


KUALA LUMPUR: Property developer Glomac Bhd turned in a better profit for the fourth quarter ended April 30, 2015, versus the same period a year earlier, but annual net profit still fell 20% to RM86.65mil.

Net profit for the fourth quarter rose 30.9% year-on-year to RM29.24mil on a 3.7% lower revenue of RM168.41mil.

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