Glomac’s 3Q net profit jumps on property sales
GLOMAC Bhd’s earnings jumped 747.8% year-on-year (YoY) to RM12.1 million in the third quarter ended April 30, 2020 (3Q20), due to ongoing development phases and stronger performance by the property investment segment, complemented by overall administrative cost savings. Earnings per share for the three months rose to 1.56 sen. Revenue for the period fell 6.3% YoY...
- By srec
- March 31, 2020
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