Solid pipeline: Apollo says the company is optimistic that its launches in 2024 and 2025 will propel the next phase of its growth plans.
PETALING JAYA: Property developer Avaland Bhd
has stepped into its current financial year with a steady performance, recording a net profit of RM20.2mil on the back of RM179.5mil in revenue for the first quarter ended March 31 (1Q25).
The performance in 1Q25 reflected the transitional phase of Avaland’s project portfolio as contributions tapered from developments such as Aetas Damansara, Alira Subang Jaya, and Sanderling 1 approached completion.
