LBS backed by solid earnings visibility

PETALING JAYA: LBS Bina Group Bhd’s business outlook remains good with total unbilled sales at an historic high of RM2.5bil, backed by RM2bil worth of launches planned for financial year 2023 (FY23).

Year-to-date, the property developer has already sold RM1.09bil worth of properties till mid-August with RM366mil worth of booking in the pipeline set to be converted soon.