KUALA LUMPUR: Property developer I-Bhd
posted a pre-tax profit to RM4mil in the fourth quarter ended Dec 31, 2020, from RM1.47mil in the same quarter of last year.
For the full financial year 2020, the group posted a profit after tax of RM3.28mil, while revenue was at RM84.62mil.
In a statement, the group said its property development segment remained the largest revenue contributor, affirming its commitment towards nurturing its master-planned ultrapolis, i-City Golden Triangle (i-City GT), to be on par with leading cities around the world.
Future growth will be underpinned by the remaining 60% gross floor area of projects yet to be developed in i-City GT.
