Haily Group posts net profit of RM2.8mil in 1Q


Haily founder and executive director See Tin Hai

KUALA LUMPUR: Haily Group Bhd, which is en route to a listing on the ACE Market of Bursa Malaysia on July 21, posted a net profit of RM2.79mil in the first quarter ended March 31.

In a statement, Haily said it recorded a revenue of RM43.3mil. This was mainly contributed from the group’s construction of residential and non-residential buildings which accounted for RM43.21mil or 99.80% of the total revenue, while the balance of RM90,000 was derived from its civil engineering construction works and rental of construction machinery and equipment.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Haily Group , Ace Market , IPO

   

Next In Business News

DNB announces new board members comprising representatives from all five MNOs
Axiata, Sinar Mas move closer to US$3.5bil telco merger
Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Ringgit soft as US$ remains elevated
Product innovation drives sales of local plastic packaging
Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Kering says profit likely to tumble
Businesses concerned about rising forex woes

Others Also Read