S P Setia records RM3.13b revenue and PBT of RM508.8m in Jan-Sept


S P Setia president and CEO Datuk Khor Chap Jen said: "Amid the challenging landscape of a subdued property market, the strategy is to launch more mid-range landed properties in the group’s flagship townships where the underlying demands by owner-occupiers are still favourable.”

KUALA LUMPUR: S P Setia Bhd achieved revenue of RM3.13bil and profit before tax (PBT) of RM508.80mil in the January to September period this year mainly contributed by the on-going projects in Malaysia.

S P Setia said in a statement on Wednesday the on-going international projects of Battersea Power Station in London, 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.

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