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PETALING JAYA: S P Setia Bhd is set to achieve strong earnings this year despite the challenging market conditions.
PETALING JAYA: S P Setia Bhd is optimistic about the prospects of the latest phase of its Spanish-themed Setia Safiro development in Cyberjaya, which the company is launching over the weekend.
WITH 2020 perceived to be another challenging year, property developers are going to need to change and mix things up if they want to continue raking in good profits.
KUALA LUMPUR: RHB Research has upgraded SP Setia to Buy from Neutral with a new target price pf RM1.68. Its last traded price was RM1.35.
KUALA LUMPUR: SP Setia Bhd achieved revenue of RM3.13bil and pre-tax profit of RM508.8mil in the January-to-September period, mainly contributed by its ongoing projects in Malaysia.
KUALA LUMPUR: S P Setia Bhd achieved revenue of RM3.13bil and profit before tax (PBT) of RM508.80mil in the January to September period this year mainly contributed by the on-going projects in Malaysia.
KUALA LUMPUR: S P Setia Bhd posted pre-tax profit of RM329.7mil on the back of RM2.20bil in revenue in the first half ended June 30, 2019 contributed largely by the on-going projects in Malaysia.