Paramount aims to sustain RM1b sales target in 2019


Paramount chief executive officer Jeffrey Chew said the partnership was worth RM38.5mil.

KUALA LUMPUR: Property developer, Paramount Corp Bhd, is maintaining its sales target at RM1 billion this year despite the soft property market sentiment.

Group chief executive officer Jeffrey Chew, however, said with the 23 per cent improvement in sales, year-on-year, to RM1 billion in 2018 from RM815 million in 2017, the group is optimistic the target would be achievable, driven by several new launches coming up this year.

Speaking to the reporters during a briefing on the group's 2018 financial results, he said Paramount's  unbilled sales amounted to RM995 million as at end-2018. - Bernama



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