Oriental Interest posts better FY24 net profit


PETALING JAYA: Oriental Interest Bhd charted an 8.2% year-on-year (y-o-y) increase in net profit to RM85.2mil for the year ended Aug 31, as revenue also grew 22.1% to RM652.5mil.

The group said the improvement in yearly earnings and turnover was largely driven by strong demand for its new and ongoing development projects, particularly from key developments like Pulau Indah Industrial Plot, Myra Cove, Myra Gardens, and D’Aman Residence.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Oriental Interest

Next In Business News

MyDigital ID Phase 2 sandbox involves 18 banks
Wall St ends higher, buoyed by tariff relief, upbeat data
Guan Huat Seng slips on ACE Market debut
Cabnet wins RM15mil Johor electrical jobs
CelcomDigi’s connectivity initiative for IOI Corp plantations completed
BNM keeps OPR at 2.75% as expected
AMS Advanced Material gets approval for listing
Cautious optimism amid macro uncertainty
CIMB wins plaudits for ESG,�inclusivity efforts
Elevated supply weighs on oil and gas industry

Others Also Read