PETALING JAYA: UOA Development Bhd made a net profit of RM59.86mil for the first quarter ended March 31, 2019, an increase of 82.9% from the RM32.27mil posted in the same period a year ago. This came mainly due to the progressive recognition of the group’s on-going development projects.
Revenue for the first quarter increased 42.3% to RM244.67mil from RM171.98mil previously.
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