Sime Darby Property group managing director Datuk Azmir Merican said the company will prioritise key projects that deliver value to the stakeholders and focus on launching products that are priced competitively, in meeting customers’ needs.
KUALA LUMPUR: Sime Darby Property Bhd
posted lower net profit of RM14.20mil in the first quarter ended March 31,2020, down by 94.7% from the RM265.07mil a year ago in the absence of a one-off gain.
Sime Property, which is bracing for a difficult year due to the impact from the Covid-19 pandemic, said on Thursday its revenue fell by 17.1% to RM476.7mil from RM575.13mil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
