Developer sees higher revenue in first quarter

TheStar Fri, Mar 02, 2018 08:45am - 6 years View Original


Artist‘s impression of Monet Lily, which is Sunsuria City‘s first landed residential development.

Artist‘s impression of Monet Lily, which is Sunsuria City‘s first landed residential development.

SUNSURIA Bhd announced its Q1 financial results, achieving revenue of RM110.82mil and a pre-tax profit of RM38.37mil, on the back of its new project launches last year.

Revenue for Q1 ending Dec 31, 2017 rose 74% to RM110.82mil from RM63.8mil year-on-year while pre-tax profit more than doubled by 111% to RM38.37mil from RM18.17mil recorded in the same quarter last year.

Quarter-on-quarter, revenue grew to RM110.82mil in Q1 2018 from RM108.25mil in the preceding quarter.

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