Glomac FY21 profit at RM28mil


The company said its earnings outlook remained “robust” backed by total unbilled sales of RM578mil.

PETALING JAYA: Property firm Glomac Bhd made a net profit of RM4.8mil in the last quarter ended April 30.

The results came on higher work progress billings.

The company said its earnings outlook remained “robust” backed by total unbilled sales of RM578mil.

For the full year just ended, Glomac posted a net profit of RM28.3mil, or 3.7 sen a share.

Revenue came in at RM366mil.

The company has proposed a final dividend of one sen a share.

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