Selangor Properties

Selangor Properties Earning Down 88% In Q4

PETALING JAYA: Selangor Properties Bhd posted an 88% decline in net profit to RM57.4mil for the fourth quarter ended Oct 31 compared to the same quarter a year ago after an extraordinary gain last year from the disposal of land. The property developer said in filing with Bursa Malaysia that revenue increased 30% in the … Read more

Selangor Properties Bhd’s Q4 Net Profit Jumps To RM484 Million

PETALING JAYA, Dec 29: Selangor Properties Bhd’s net profit surged more than 16-fold to RM483.82 million for the fourth quarter ended Oct 31, 2015, compared with RM29.51 million in the previous corresponding period, mainly due to foreign exchange gain, and fair value gain on the revaluation of properties of RM17.2 million. Its revenue was up 3.09% … Read more