LBS ACHIEVES 11-YEAR HIGH PATMI

Lim is confident that LBS’ focused strategy and strong financial position will drive continued growth and success.

LBS Bina Group Bhd, a developer guided by people-first values, today announced its unaudited financial results for the full year ended Dec 31 2024 (FYE2024), achieving an 11-year high profit after tax and non-controlling interests (PATMI) from continuing operations of RM240.2mil.

The group’s outstanding PATMI was 63.5% higher compared to the preceding year’s RM146.9mil, largely driven by its strategic realignment and portfolio optimisation exercise, with the disposal of its investment in Zhuhai International Circuit Limited (ZIC).