I-Bhd posts RM58.7mil net profit in FY18

I-Bhd executive chairman Tan Sri Datuk Lim Kim Hong.

PETALING JAYA: Property developer I-Bhd posted a net profit of RM58.7mil as revenue came in at RM375.1mil for the financial year ended Dec 31, 2018 (FY18).

Despite the challenging property market, the group said the results for FY18 were “credible” as it continued to improve the performance of its leisure and property investment segments.