UEM Sunrise reports higher Q3 earnings

Anwar Syahrin: Revenue for the period was driven by the strong settlement of the group’s Australian projects.

PETALING JAYA: Property developer UEM Sunrise Bhd registered a 28% year-on-year increase in net profit to RM27.1mil for the third quarter of the financial year ending Dec 31,2019 (FY19).

This brought its net profit for the nine months ended Sept 30 to RM97.56mil, on the back of a revenue of RM1.75bil.

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