Sime Darby Property returns to the black, posts 4Q net profit of RM72mil

Sime Darby Property group managing director Datuk Azmir Merican

KUALA LUMPUR: Sime Darby Property Bhd has returned to the black, posting a net profit of RM72.19mil in the fourth quarter ended Dec 31, 2021 (4Q21) against a net loss of RM56.6mil a year ago.

Its revenue rose 4.8% to RM739.37mil in 4Q21 from RM705.19mil a year prior.