Mah Sing to record robust sales this year


TA Research pointed out that Mah Sing’s sales for 1Q23 accounted for 27% of the group’s FY23 target, and hence, appeared on track to achieve the RM2.2bil sales target for FY23.

PETALING JAYA: The outlook for Mah Sing Group Bhd is bright for the remainder of its financial year ending Dec 31, 2023 (FY23), following a solid performance for the first quarter (1Q23) of the year.

Supported by conversion of bookings and new projects worth about RM1.4bil, the property developer, which also has business in plastics and healthcare, is expected to register robust sales for FY23.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

MAA: Malaysia's new vehicle sales up 21% in April
Public Bank net profit dips 3.5% to RM1.65mil in 1Q
Tipping point of retirement village living
Malaysia trade up 12.1% to RM221.74bil, exports rebound 9.1% to RM114.72bil in April
Bursa Malaysia's rally continues to gain momentum
OCBC bank signs MoU with Beibu Gulf to attract investors to MCKIP
Most Chinese developers' shares fall despite latest support measures
Thai Q1 GDP grows 1.5% y/y, above forecast
Ringgit stages small rebound boosted by US Fed rate cut prospects
Foreign investors stay net buyers on Bursa Malaysia at RM873.9mil

Others Also Read