Mah Sing posts jump in net profit to RM120.85mil in 9MFY21

KUALA LUMPUR: Mah Sing Group Bhd recorded a net profit of RM120.85mil in the nine months period to Sept 30, 2021, which was a 79.06% jump over RM67.49mil in the same period in 2020 as an improvement in new property sales bolstered the group's topline.

Cumulative revenue over the nine months period was RM1.22bil compared to RM1.06bil in the year-ago period, underpinned by a 51.5% surge in new property sales to RM1.28bil.