IGB third-quarter earnings nearly doubled


Trading in IGB shares on the Main Market of Bursa Malaysia will continue to be suspended until completion of the scheme, and delisting of IGB Corp from the official list of Bursa Malaysia.

PETALING JAYA: IGB Bhd’s earnings almost doubled for the third quarter ended Sept 30, 2018 (3Q18) from a year ago, thanks to higher contributions from its property development and investments in both retail and commercial projects.

During the quarter in review, the property and hospitality group saw its net profit rising to RM68.3mil from RM35.8mil in the corresponding period last year, resulting in earnings per share (EPS) growing to 10.30 sen from 5.88 sen previously.

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Business , IGB , property , construction , malls , profit , revenue ,

   

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