LBS ANNOUNCES STRONG 3Q23 RESULTS

Lim: “We continue to adopt a strategic and disciplined approach towards our developments and it has paid off.”

PETALING JAYA: LBS Bina Group Bhd has unveiled its third-quarter results, demonstrating robust financial growth while reaffirming its commitment to environmental, social and governance (ESG) initiatives.

In its third quarter of financial year 2023 (3Q23), LBS reported a commendable year-on-year increase of 14.2% in profit after tax (PAT) amounting to RM44.7mil, accompanied by a 13.8% rise in profit after tax and minority interest (Patami) reaching RM40.2mil.