MGB’S 2Q24 PROFIT AFTER TAX LEAPS BY 27.1%

Lim: Our commitment to operational excellence and disciplined cost control has driven substantial improvements to our bottom line.

SELANGOR: Construction and property development solutions provider MGB Bhd (MGB) – and a subsidiary of LBS Bina Group Bhd – today announced its second quarter results for the financial year ending Dec 31, 2024 (2Q24).

During the quarter under review, Idaman Melur and Idaman Cahaya Phase 1 and 2 recorded significantly higher development progress, which resulted in a surge in the property development segment’s revenue.