PETALING JAYA: Glomac Bhd saw its net profit for the first quarter ended July 31, 2021 (Q1) declining to RM1.73mil compared to a net profit of RM4.39mil a year ago amid a difficult operating environment due to the Covid-19 pandemic.
Revenue came down to RM28.84mil from RM46.87mil previously. Revenue for the quarter was driven by ongoing phases in Saujana Perdana, Plaza@ Kelana Jaya, Saujana Rawang, Lakeside Boulevard and 121 Residences.
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