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Corporate News

IOI Properties 1Q net profit surges to RM640.29mil

IOI Properties Group Bhd CEO Datuk Voon Tin Yow

KUALA LUMPUR: IOI Properties Group Bhd’s (IOIPG) net profit for the first quarter ended Sept 30, 2022 (Q1) surged to RM640.29 million from RM208.81 million in the same quarter a year ago.

Revenue increased 60 per cent to RM691.52 million from RM431.77 million previously.

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IOI Properties , Voon Tin Yow , IOI City Mall

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