Property development spurs SHL


SHL affordable homes project - Artist's impression

PETALING JAYA: SHL Consolidated Bhd’s net profit for its first quarter ended June 30, 2021, rose to RM9.74mil from RM1.53mil in the previous corresponding period, mainly due to higher revenue generated by its property development segment.

In a filing with Bursa Malaysia yesterday, the company said revenue in the first quarter grew to RM33.61mil from RM7.13mil a year earlier.

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