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I-Bhd posts 3Q net profit of RM5.03mil
KUALA LUMPUR: I-Bhd recorded a net profit of RM5.03mil for the third quarter (3Q) ended Sept 30,2019, which was 11.3% lower over the previous corresponding quarter on the back of lower revenue contribution from property development
I-Bhd posts net profit of RM10.8mil in Q2
PETALING JAYA: I-Bhd has posted a net profit of RM10.82mil on the back of RM42.21mil in revenue in the second quarter ended June (2Q19) due to the lack of property launches, but remains upbeat on its investment properties.
I-Bhd to raise minimum of RM100mil from rights issue
PETALING JAYA: I-Bhd plans to make a cash call by raising a minimum of RM100mil under a proposed rights issue of redeemable cumulative convertible preference shares (RCCPS).
I-Bhd to raise minimum of RM100m from rights issue
KUALA LUMPUR: I-Bhd plans to make a cash call by raising a minimum of RM100mil under a proposed rights issue of redeemable cumulative convertible preference shares (RCCPS).
I-Bhd builds up property investment and leisure segments
SHAH ALAM: In a move to weather through the cyclical nature of the property development industry, I-Bhd is building up its property investment and leisure segments, which can generate recurring income for the group.
I-Bhd first quarter earnings fall to RM6.43mil
PETALING JAYA: I-Bhd, which posted a net profit RM6.43mil in the first quarter ended March 31 against RM22.73mil in the same period a year ago, expects the property market to remain challenging in 2019.
PublicInvest Research retains Outperform for I-Bhd
KUALA LUMPUR: PublicInvest Research is maintaining its Outperform for property company I-Bhd but with a lower target price of 75 sen compared with 91 sen previously but the long-term earnings remain intact.
I-Bhd posts RM5.7mil profit in third quarter
PETALING JAYA: I-Bhd recorded a net profit of RM5.69mil in its third quarter ended Sept 30, 2018, compared with a net profit of RM7.17mil in the previous corresponding period, while revenue in the third quarter stood at RM60.66mil from RM75.31mil a year earlier.
Higher earnings for I-Bhd despite lower revenue
PETALING JAYA: I-Bhd’s earnings in the second quarter ended June 30 are up 5.63% year-on-year (y-o-y), despite the property developer’s lower top line in the three-month period. The better results are attributable to turnaround by lthe leisure segment
I-Bhd plans RM3bil worth of projects
PETALING JAYA: Property developer I-Bhd, which is embarking on a new five-year growth strategy effective next year, plans to launch up to RM3bil worth of projects over that period.
