One-off gain propels IGB profit

  • Business Premium
  • Thursday, 24 Nov 2016

Developer records 3-fold increase in Q3 earnings

PETALING JAYA: Earnings of property developer IGB Corp Bhd saw a three-fold increase to RM148.1mil for the third quarter ended Sept 30, 2016 compared to the same quarter a year ago due to higher contributions from the property development, property investment-retail and hotel divisions.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , igb corp


Next In Business News

U.S. yields rise, Asian shares and European futures tumble as Powell warns on inflation Premium
Bank Negara, Bank Indonesia launch cross-border QR payment linkage Premium
Westport FY21 net profit rises to RM808.22mil Premium
LCTitan posts net profit of RM186.84mil in 4Q Premium
AirAsia 4Q consolidated AOC records strong 80% load factor Premium
MNHB signs underwriting deal with M&A Securities for IPO Premium
Healthcare, telco stocks drag Bursa lower at midday Premium
Bursa, Maybank, Digi, Top Glove included in Bloomberg’s 2022 Gender-Equality Index Premium
Gagasan Nadi commences 30-year chilled water supply for Datum Jelatek Mall Premium
Ringgit opens lower against US dollar Premium

Others Also Read