Mah Sing’s post RM40.4m in net profit for 2Q21

Mah Sing’s post RM40.4m in net profit for 2Q21

The Malaysian Reserve-Property·2021-08-31 05:02

MAH SING Group Bhd’s net profit for the second quarter ended June 30, 2021 (2Q21) jumped to RM40.4 mil, against RM12.82 mil posted a year ago.

In filing Bursa Malaysia today,the group’s revenue rose to RM438.67 mil, from RM298.62 mil a year ago mainly  driven by higher property sales and revenue recognition of ongoing property projects under construction.

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