In the corresponding quarter last year, the property developer
PETALING JAYA: Property developer Tropicana Corp Bhd
posted 50% higher revenue of RM457.3mil compared with the corresponding period last year, and a net profit of RM29.26mil for the fourth quarter ended Dec 31, 2016.
The group attributed its surge in revenue to a land sale of RM33.4mil and higher sales take-up rate, driven by projects with higher work-in-progress.
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