I-Bhd charts strong financial performance


Lim(filepic): I-Bhd has grown five-fold since 2012, and to do this against a backdrop of an increasingly challenging operating environment, the achievements are an encouragement."

PETALING JAYA: Property developer I-Bhd posted a set of strong financial results for the financial year ended Dec 31, 2017 and for the fourth quarter while recording unbilled sales of RM274mil at end-2017.

In FY17, its net profit rose 13.2% to RM75.47mil compared with RM66.63mil a year ago. Its pre-tax profit was RM105.40mil, up 19.6% from RM88.17mil a year ago.

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