IOI Properties expects its diversified product offerings to sustain earnings


PETALING JAYA: IOI Properties Group Bhd (IOIPG) expects its diversified product offerings spanning across three countries, recurring earnings from established property investment portfolios and improving prospects for the hospitality and leisure segment to provide the group with a strong foundation for sustained earnings ahead.

Barring any unforeseen events, IOIPG said in a Bursa Malaysia filing that it remains optimistic that its performance in the second half of the financial year will remain resilient, partially driven by contributions from the completion of land sales secured in the first half of financial year 2024 (FY24).

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