Tropicana earnings 71.5% higher in quarter one


Looking forward, Tropicana said that while the industry is expected to remain challenging, the group believes there will still be demand for property in prime locations with attractive pricing.

PETALING JAYA: Property firm Tropicana Corp Bhd’s net profit increased 71.49% to RM46.4mil for its first quarter ended March 31, mainly due to cost savings and advanced progress of projects.

Earnings per share increased to 3.17 sen from 1.89 sen previously.

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