UOA Development Q4 net earnings drop to RM136mil
The group said in a filing with the stock exchange that the profit and revenue were mainly derived from the progressive recognition of the group’s ongoing development projects, namely, United Point Residence, Sentul Point Suite Apartments, South Link Lifestyle Apartments(pic) and sale of stocks.
PETALING JAYA: UOA Development Bhd 
has recorded a lower net profit of RM136.45mil in the fourth quarter ended Dec 31 compared with RM197.8mil in the previous corresponding quarter.
Revenue in the quarter under review came to RM486.35mil versus RM198.49mil in the comparative quarter.
For the fourth quarter, the group has proposed a final single-tier dividend of 14 sen per share, which would bring the total dividend payout in financial year 2018 (FY18) to 15 sen per share.
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