IOI Property’s bullish sentiment to continue

PETALING JAYA:IOI Properties Group Bhd (IOIPG ), which saw its fourth quarter net profit (4Q22) rise by 147%, is expected to maintain its positive earnings outlook for the current year, thanks to its investment portfolio expansion and the turnaround of its leisure and hospitality segments.

Although there could be challenges ahead for the group, analysts remain upbeat about its earnings outlook in the near term.