Chief executive officer Sufian Abdullah (pic) said there was a growing demand for competitively priced products and the group will be launching a series of affordable and more attainable properties this year
PETALING JAYA: UEM Sunrise Bhd
posted a 29% jump in revenue to RM252.7mil for the first quarter ended March 31,2021, from RM195.85mil a year earlier, thanks to higher progress billings and construction progress.
The property development company said its losses for the quarter has narrowed to RM4.32mil compared to losses of RM22.15mil due to higher operating profit and better share of results from the group’s joint ventures and associates, as well as improved performance of Horizon Hills Developments Sdn Bhd for its Horizon Hills development in Iskandar Puteri and Sunrise MCL Land Sdn Bhd for Forest Heights, in Seremban.
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