The property developer attributed its significant earnings growth to contributions from its newly acquired subsidiaries, namely Blossom Eastland Sdn Bhd, Rantau Urusan Sdn Bhd and Yik Wang Trading Sdn Bhd, in August.
PETALING JAYA: Lagenda Properties Bhd
’s net profit soared more than 10 times to RM49.8mil for the third quarter ended Sept 30, from RM4.6mil in the corresponding quarter last year.
The property developer attributed its significant earnings growth to contributions from its newly acquired subsidiaries, namely Blossom Eastland Sdn Bhd, Rantau Urusan Sdn Bhd and Yik Wang Trading Sdn Bhd, in August.
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!
