LBS DELIVERS PROMISING 1Q23 RESULTS

Lim: “It is encouraging that our net profit margin increased to 9.5%, as compared to last year’s first quarter, which was at 8.3%.”

LBS Bina Group Bhd (LBS) has announced its first-quarter results for the financial year ending Dec 31, 2023 (1Q23) on May 25 with a 7.6% year-on-year increase in profit after tax reaching RM36.37mil for the quarter.

This was on the back of a revenue of RM384.86mil.