Mah Sing's net profit rises 18%


KUALA LUMPUR: Mah Sing Group Bhd’s net profit for the first quarter ended March 31, 2015 rose 18% to RM98.89mil from RM83.78mil a year ago due to higher work progress and sales from ongoing development projects.

The property developer said on Thursday, that the ongoing development projects that contributed to its earnings were Icon City, M City, M residence, M Residence 2, Southville City@ KL South and Southbay City.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Bank Islam's 3Q net profit drops to RM130.4mil amid rising operating costs
Asian shares rise, yen aims for best week in 4 months on BOJ hike bets
JB-Singapore RTS link rail system installation to begin by end-2024
Leadership transition at Sapura Energy: Muhammad Zamri takes over as new GCEO
Mah Sing hits RM1.85bil in property sales, on track to meet 2024 target
Digital finance set for rapid expansion
Malaysia's official reserve assets at US$117.59bil as at end-October 2024 - BNM
Hong Leong offers six-month payment deferment to customers affected by floods
RHB Bank’s net profit jumps 28.2% to RM833mil in 3Q24
Public Bank reports 12.4% rise in 3Q24 net profit to RM1.9bil

Others Also Read