Higher 3Q net profit for UOA Development


UOA Development said new property sales in 3Q 2019 were about RM583.3mil with contributions mainly from projects such as Sentul Point Suite Apartments, South Link Lifestyle Apartments, The Goodwood Residence, Desa Green, Southbank, United Point Residence and other sale of inventories.

KUALA LUMPUR: UOA Development Bhd's net profit rose by 10.5% to RM101.91mil in the third quarter ended Sept 30,2019 from RM92.16mil a year ago.

It announced on Tuesday its revenue was RM288.44mil, a dip from RM300.37mil a year ago. Earnings per share were 5.28 sen compared with 5.07 sen.

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