KUALA LUMPUR: Tropicana Corp Bhd
posted a net profit of RM7.94mil in the fourth quarter ended Dec 31, 2021 (4Q21) against RM47.35mil in the same quarter a year ago.
The lower profit was mainly attributed to the completion of the disposals of two parcels of freehold development lands in Johor Bahru, for a total consideration of RM157.4mil whereby comparatively in 4Q21 there were no land disposals in the current quarter.
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