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KUALA LUMPUR: RHB Research is upbeat on Sime Darby Property’s long-term strategy to strengthen the recurring income base.
LIFESTYLES are changing, spurred by new norms arising from the pandemic and increasing concerns over environmental, social and governance (ESG) issues.
THE Covid-19 pandemic has highlighted the importance of a conducive environment and living space for all.
Products will enable customers to enjoy the new norm
Earnings at RM19.9mil on a 74.5% higher revenue
KUALA LUMPUR: Sime Darby Property Bhd posted a net profit of RM80.51mil in the first half of the financial year ended June 30, 2021, compared to a net loss of RM90.28mil in the same period last year due to improved contribution from the property development segment.
AS appetite for purchasing property continues to hold up among the general public during this Covid-19 pandemic, Sime Darby Property Bhd continues to focus on reducing its inventory levels.
Sime Darby Property Bhd secured outstanding total sales bookings totalling RM572mil for 662 units of residential property across 14 townships.
KUALA LUMPUR: Advancecon Holdings Bhd rose in early trade Wednesday after securing a RM20.21mil contract from Sime Darby Property Bhd.