UEM Sunrise aims to be profitable this year

According to its chief executive officer Sufian Abdullah, the group has set out a three-year strategy that includes disposing of non-core assets, masterplan revisions at some of its major property projects in Johor, and refocusing its revenue stream in property development.

PETALING JAYA: UEM Sunrise Bhd aims to return to profitability this year after the Covid-19 pandemic widened the group’s losses.

The property development company has been loss-making over the last eight quarters.