Mah Sing quarterly net profit up 3% at RM88.78mil


Leong: We expect RM587mil from final stage billings on delivery of vacant possession which will further boost the group

PETALING JAYA: Mah Sing Group Bhd’s net profit for its fourth quarter ended Dec 31, 2017 rose 3% to RM88.78mil from RM85.61mil in the previous corresponding period on the back of steady sales from its various ongoing property projects.

The property developer said projects which contributed to the group’s results in Greater KL and the Klang Valley included Southville City @ KL South, Lakeville Residence @ Jalan Kuching, D’sara Sentral @ Sungai Buloh, M Residence and M Residence 2 @ Rawang, M City @ Jalan Ampang, Icon City @ Petaling Jaya, Garden Residence, Clover@Garden Residence and Garden Plaza in Cyberjaya, Kinrara Residence @ Puchong, Icon Residence @ Mont’ Kiara and Star Avenue @ Sungai Buloh.

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