PETALING JAYA: Hua Yang Bhd posted a higher net profit of RM16.47mil for its first quarter ended June 30, compared with RM11.48mil in the previous corresponding period. Revenue surged to RM97.96mil from RM61.75mil previously.
In filings with Bursa Malaysia, it said steady construction progress recognition especially for its service apartments projects in Klang Valley including One South and Symphony Heights as well as Taman Pulai Indah in Johor Baru and Bandar University Seri Iskandar at Perak were the major contributor to the higher revenue and pre-tax profit.
By The Star
Thursday, July 19, 2012
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