Data centre land sales propel Crescendo’s earnings


PETALING JAYA: Land sales to data centre developers lifted Crescendo Corp Bhd’s first-quarter revenue to a record-high of RM527mil.

In a filing with Bursa Malaysia, the property developer noted its revenue for the first quarter ended April 30, 2024 (1Q25) surged by about nine-fold year-on-year (y-o-y), from just RM58.3mil a year earlier.

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