Higher earnings for I-Bhd despite lower revenue


Lim: We are targeting to achieve a 10 return by the end of the next five-year plan.

PETALING JAYA: I-Bhd’s earnings in the second quarter ended June 30 are up 5.63% year-on-year (y-o-y), despite the property developer’s lower top line in the three-month period.

The group said in a filing with Bursa Malaysia that its net profit in the second quarter rose to RM22.31mil from RM21.12mil a year ago.

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Business , I-Bhd , revenue , profits , results , leisure , construction ,

   

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