IOI Properties net profit surges 93% to RM115.4mil in 3Q

TheStar Fri, May 26, 2023 06:53pm - 2 days View Original

IOI Properties chief executive officer Datuk Voon Tin Yow

PETALING JAYA: IOI Properties Bhd (IOIPG) recorded sales with contracts exchanged of RM1.37bil for in the first nine months of financial year ending June 30, 2023 (FY23).

“Local projects contributed RM1.14bil, which is 83% of the total sales while overseas projects from China and Singapore contributed RM226.5mil, or 17% of the total sales,” the developer said in a statement.

In Malaysia, the sales secured were largely from the Klang Valley region at RM645.6mil, led by its integrated development at IOI Resort City in Putrajaya with RM164.6mil and township at Bandar Puteri Puchong in Selangor with RM137.5mil of sales. Johor contributed sales of RM457.4mil.


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