Land & General posts net profit of RM7.24m in 3Q


KUALA LUMPUR: Land & General Bhd (L&G) posted a net profit of RM7.24mil in the third quarter ended Dec 31, 2020, against a net loss of RM637,000 in the same period last year.

Revenue, however, fell 17.6% to RM30.19mil from RM36.68mil in the same corresponding period. The decrease in the quarter’s revenue was due to lower contribution from property division.

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Land & General , L&G

   

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