KUALA LUMPUR: Damansara Realty Bhd (DBhd) posted a 9.4% jump in net profit to RM19.5mil for the financial year ended Dec 31, 2018 (FY18), driven largely by strong organic growth in its integrated facilities management (IFM) segment.
DBhd’s revenue for the year jumped 21.9% to RM304.13mil from RM249.48mil in the previous year. After adjusting for a one-off expenses incurred for corporate exercises last year, its operational profit jumped more than 300% to RM20.67mil in 2018, against RM6.57mil in 2017.
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