Mah Sing Q2 net profit triples to RM40mil

“In line with the extension of the Home Ownership Campaign until Dec 31, 2021, and the low interest rate environment which are beneficial to the property market, we have also launched the ‘Mah Sing NOW’ campaign as part of our efforts in driving sales in the second half of the year,” said Mah Sing founder and group managing director Tan Sri Leong Hoy Kum.(pic)

PETALING JAYA: Mah Sing Group Bhd’s net profit for the second quarter ended June 30 more than tripled to RM40.4mil from RM12.82mil in the same quarter last year.

Revenue for the quarter under review was up 47% to RM438.7mil from RM298.6mil in the comparative quarter last year.