IOI Properties' net profit surges to RM1.39bil in FY23

IOI Resort City overview with IOI City Mall, Le Meriden and IOI City Towers

KUALA LUMPUR: As it wraps its 2023 financial year, IOI Properties Group Bhd said the operating environment both within and outside Malaysia will continue to face headwinds.

However, it remains optimistic over its prospects as its wide property product offerings across three countries, recurring earnings from established property investment portfolio and improving prospects in the tourism sector is expected to provide it with sustained earnings ahead.