SDP on track to sustain profitability

“If we are able to solve this issue of labour I am quite positive that we (industry) will still do very well,” group managing director Datuk Azmir Merican said at a press briefing following its first quarter ended March 31, 2022 results announcement

PETALING JAYA: Sime Darby Property Bhd (SDP) is finding ways to overcome some of the challenges being faced in the property sector and hopes that these steps will help it maintain its profitability moving forward.

The group said some of the key challenges that were facing the industry at the moment included concerns on rising material costs, labour shortages, vendor capabilities and the continued supply chain disruption.