Crescendo 3Q results improve

PETALING JAYA: Crescendo Corp Bhd will continue to monitor the market situation and adopt a prudent and cautious approach for its new property launches to remain resilient and agile in today’s fast-changing environment.

In a filing with Bursa Malaysia, the group said its net profit for the third quarter ended Oct 31, 2023 increased to RM17.97mil from RM4.86mil in the previous corresponding period, while revenue surged to RM101.79mil from RM51.26mil a year earlier.

Basic earnings per share stood at 6.43 sen versus 1.74 sen previously.