Lagenda expecting vibrant 2024

PETALING JAYA: Lagenda Properties Bhd expects 2024 to be a vibrant and exciting year for the group, as it plans to launch over 8,000 units of affordable homes, more than doubling the figure from 2023.

In a filing with Bursa Malaysia, the property developer said its net profit for the fourth quarter ended Dec 31, 2023, stood at RM41.85mil, compared with RM44.65mil in the previous corresponding period. Revenue rose to RM248.09mil from RM236.07mil a year earlier.

Basic earnings per share stood at 5.00 sen versus 5.34 sen previously.