Berjaya Land posts higher revenue, profit after tax in third quarter

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Berjaya Land posts higher revenue, profit after tax in third quarter
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PETALING JAYA: Berjaya Land Bhd (BLand) registered revenue of RM1.95 billion and profit after tax of RM70.72 million in the third quarter ended March ...

Berjaya Land Bhd registered revenue of RM1.95 billion and profit after tax of RM70.72 million in the third quarter ended March 31, 2024 compared to a revenue of RM1.94 billion and profit after tax of RM18 million in the previous year corresponding quarter.

H.R. Owen Plc reported a higher after-sales revenue due to favourable foreign exchange effect, when converted into ringgit. In addition, a stronger profit margin earned was also reported from new car sales as well as profit improvement from full resumption of its after-sales operations. Higher revenue reported by STM Lottery Sdn Bhd also contributed to the increased group revenue.

BLand said it will monitor the prevailing global and local political developments in the countries where the group has business operations.

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