Sime Darby Property on track to achieve RM2.4bil target


Given the stellar performance during the first quarter, Sime Darby Property group managing director Datuk Azmir Merican said the company is on track to achieve its 2021 sales target of RM2.4bil.

PETALING JAYA: Sime Darby Property Bhd’s net profit for its first quarter ended March 31,2021, surged to RM60.61mil from RM2.72mil in the previous corresponding period, mainly attributable to the recovery in the company’s property development segment.

Revenue in the first quarter grew to RM589.49mil from RM476.74mil in the previous corresponding period.

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