Paramount on strong footing, set for multi-year growth


PETALING JAYA: Paramount Corp Bhd (PCB) is expected to sustain multi-year growth with property sales, asset monetisation and investment in digital enterprises as the catalysts.

“With record unbilled sales of RM1.2bil and annual property sales of over RM1bil from financial year 2022 (FY22) onwards, the group is expected to post a core earnings compounded annual growth rate (CAGR) of 42% for FY21 to FY24,” said TA Research in a report.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

PETRONAS should adapt to new energy transition demands amid economic and geopolitical uncertainties
Binastra records 43% revenue growth, order book at RM4.1bil in 1Q
Malakoff in concession deal to build waste-to-energy facility
Oriental Kopi to buy Kuala Langat property for RM23mil
Astro posts 1Q net profit of RM13.5mil
BFood disposes stake in 7-Eleven Malaysia for RM13.2mil
Ringgit extends downtrend against US dollar
PMO: Tax expansion vital to ensure fiscal sustainability
AGMO, Theta Edge set up JV for tech development
BCorp acquires 1.66% stake in Berjaya Assets for RM12.75mil

Others Also Read