I-Bhd posts RM5.7mil profit in third quarter


Recent comments by the Selangor Menteri Besar on the potential of i-City being a part of Selangor

PETALING JAYA: I-Bhd recorded a net profit of RM5.69mil in its third quarter ended Sept 30, 2018, compared with a net profit of RM7.17mil in the previous corresponding period, while revenue in the third quarter stood at RM60.66mil from RM75.31mil a year earlier.

In a filing with Bursa Malaysia yesterday, I-Bhd said revenue for its property development division was lower in the current quarter as Hill10, which was launched during the comparative quarter, received very good response.

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