Fajarbaru net profit up on property development, logging and timber


PETALING JAYA: Fajarbaru Builder Group Bhd’s net profit for the first quarter ended Sept 30 rose 15.7% to RM5.08mil from RM4.39mil a year ago, as revenue almost doubled to RM117.25mil.

“The increase in both revenue and pre-tax profit was mainly derived from the property development and logging and timber trading segments,” the company said in the notes accompanying its financial statement.

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Business , Fajarbaru , results , net profit , contruction

   

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