Sime Darby Property 1Q net profit more than doubles to RM123.6mil

Sime Darby Property group managing director Datuk Azmir Merican

KUALA LUMPUR: Sime Darby Property’s (SDP) unbilled sales of RM3.6bil will provide solid earnings visibility for the next three years.

As at April 28, the developer’s bookings amounted to RM2.4bil, with completed inventories registering at RM466.3mil in gross developmental value (GDV).