Tropicana’s revenue drops on divestments


PETALING JAYA: Tropicana Corp Bhd’s revenue and net profit declined in the second quarter ended June 30, (2Q25) due to the completion of the divestment of several investment properties, resulting in a reduction of recurring income.

For 2Q25, the property company’s revenue fell by 12.6% year-on-year (y-o-y) to RM590.5mil. The group’s profit before tax also declined by 84% y-o-y to RM16mil.

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