KUALA LUMPUR (Jan 23): Affordable housing developer Hua Yang Bhd remains positive on its outlook amid a challenging landscape even after its net profit for the third quarter ended Dec 31, 2019 fell.

In a bourse filing Jan 22, Hia Yang said its third quarter net profit declined 73.5% to RM1.53 million from RM5.77 million a year earlier. Its revenue, however, rose to RM72.53 million against RM68.42 million previously.