Catalyst-listed Aspen Q3 net profit surges to RM24.9mil


PETALING JAYA: Aspen (Group) Holdings Ltd, a Penang-based property developer listed on the Singapore Stock Exchange’s Catalyst posted a net profit that surged by 2,218% to RM24.9mil for the third quarter ended Sept 30 compared to the same quarter a year ago on contributions from ongoing projects.

The company said in a statement that revenue jumped by 504% to RM137.9mil. It added that net profit achieved exceeded the total net profit in the first half of this year.

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Business , Aspen Group , property , Penang , SGX , Catalyst

   

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