PETALING JAYA: Property developer Tropicana Corp Bhd
posted more than three-fold increase in net profit to RM151.8mil in the third quarter ended Sept 30 compared with a year ago on a gain from the disposal of a subsidiary.
The company said in a filing with Bursa Malaysia that revenue decreased 18.7% to RM244.6mil compared with the same quarter a year ago on lower work in progress for its property development segment, as a number of the projects were in the early stages of construction.
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!
