KUALA LUMPUR: Oriental Interest Bhd
’s net profit rose to RM45.48mil for its third quarter of financial year ended May 31, 2025 (3Q25), from RM25.23mil a year earlier.
The property development segment continued to be the key growth driver, with revenue increasing by 95% in the current quarter, the group said in a filing with Bursa Malaysia. Revenue surged to RM305.25mil from RM180.42mil previously.
“This growth was largely attributed to higher revenue recognition from construction progress of ongoing projects, and contributions from newly launched developments. Looking ahead, the group remains well-positioned for continued growth,” it said. — Bernama
