Challenging times: IJM says the property sector is expected to remain challenging due to the weak consumer sentiment.
PETALING JAYA: IJM Corp Bhd
’s net profit for its second quarter ended Sept 30, rose 40% to RM156.38mil from RM111.49mil in the previous corresponding period, while revenue during the quarter increased to RM1.34bil from RM1.29bil a year earlier.
In a filing with Bursa Malaysia, the company said the improved earnings was mainly due to higher revenues contributed by the group’s construction, industry and infrastructure divisions.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
