Mah Sing on track to achieve 2021 sales target

With its quick turnaround and nimble business model, Mah Sing founder and group managing director Tan Sri Leong Hoy Kum (pic) said the company is able to quickly adapt to the changing market conditions, whilst aligning its business strategies with the latest trends in the market.

PETALING JAYA: Mah Sing Group Bhd’s pre-tax profit surged 35.1% to RM56.2mil on the back of a revenue of RM413.3mil for the first quarter ended March 31,2021, compared with a pre-tax profit of RM41.6mil and revenue of RM371.1mil in the previous corresponding period.

In a statement yesterday, the group said it also achieved property sales of approximately RM650.5mil for the first five months of 2021 as at end May, while locking in RM400mil for the first quarter ended March 31,2021.