S P Setia posts pre-tax profit of RM329.7m in H1 FY19


On display is one of the properties of SP Setia at Under the Sea event held by SP Setia Bhd from July 13 to July 14 at Setia Alam Welcome Centre, Setia Alam.

KUALA LUMPUR: S P Setia Bhd posted pre-tax profit of RM329.7mil on the back of RM2.20bil in revenue in the first half ended June 30, 2019 contributed largely by the on-going projects in Malaysia.

It said on Wednesday the on-going international projects of Battersea Power Station in London, UK as well as Sapphire by the Gardens and UNO in Melbourne, Australia were recognised on completion method, hence there was no profit contribution from the said international projects in the first half of FY2019.

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