IOI Properties rides on economic recovery


PETALING JAYA: IOI Properties Group Bhd (IOIPG) says it is strongly positioned to ride out the storm from the ongoing macroeconomic and sectoral concerns caused by rising inflation, supply chain disruptions and interest rate hikes.

“For the coming financial year, we will focus on enhancing value with the aim of improving profitability by launching products with higher margins corresponding with the maturity of its land bank and infrastructure of its integrated developments,” it said in a filing with Bursa Malaysia yesterday.

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