In a Bursa Malaysia filing, SPB said it was increasing marketing efforts to drive sales of units in AIRA Residence project. (File pic shows model of Aira Residence project)
PETALING JAYA: Selangor Properties Bhd (SPB) has registered a 70% growth in net profit to RM33.2mil for the third quarter ended July 31, 2018 (3Q18), compared to the corresponding quarter last year.
This was mainly attributed to an unrealised foreign-exchange (forex) gain of RM16.3mil during the quarter under review, which was much higher than the RM2.9mil in the same quarter last year.
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