Tropicana third quarter net profit slightly up


In the corresponding quarter last year, the property developer

PETALING JAYA: Property group Tropicana Corp Bhd’s net profit improved marginally by 2% to RM35.49mil in the third quarter ended Sept 30 from RM34.8mil a year ago.

Revenue was up 29% at RM463.47mil from RM357.08mil in the previous corresponding period on higher progress billings from advanced stages of construction work for most of the group’s ongoing projects.

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