INDUSTRY NEWS (26 MAY 2021)
S P Setia’s 1Q net profit surges threefold to RM75.23m on strong take-up rates
S P Setia Bhd’s net profit for the first quarter ended March 31, 2021 (1QFY21) jumped more than threefold to RM75.23 million, from RM24.09 million a year ago, mainly driven by progressive revenue recognition from strong take-up rates achieved. Its quarterly revenue also
Sime Darby 3Q net profit more than doubled on-year to RM300m, revenue up at RM11b
Sime Darby Bhd said today third quarter net profit more than doubled to RM300 million from RM115 million a year earlier, underpinned by the strong performance of the diversified entity’s car dealership business as the group contended with the impact of the Covid-19
Sunway 1Q net profit falls on lower contributions from property and property investment segments
Sunway Bhd’s net profit for the first quarter ended March 31, 2021 (1QFY21) slipped 6% to RM58.45 million from RM62.4 million in the corresponding quarter last year, amid lower contributions from its property and property investment segments. The group’s revenue rose
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