Tropicana property ops still strong despite pandemic

Group managing director Dion Tan (pic) said its property sales performed well due to the commitment and support from its team.

KUALA LUMPUR: Despite Tropicana Corp Bhd recording higher property sales, its revenue slipped 41.9% to RM194.98mil for the second quarter ended June 30 from RM335.67mil due to the weak performance of its property investment, recreation and resort operations.

In a statement, the group said the weaker performance was dragged by the enforcement of the movement control order (MCO), which negatively impacted its operations.