Land & General net profit up eight-fold


The group’s revenue rose 32.47% year-on-year from RM39.22mil to RM51.91mil previously

PETALING JAYA: Land & General Bhd posted an eight-fold increase in net profit to RM14.08mil for the second quarter ended Sept 30 on the back of higher contributions from its property, education and other divisions.

The group’s revenue rose 32.47% year-on-year from RM39.22mil to RM51.91mil previously.

It said it would continue to be vigilant on its capital expenditure and cash conservation measures and would focus on selling its development units.

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