Market Mover | Sime Darby Property Bhd Shares Rise Over 7%, Released Its 24Q1 Financial Results
Achieved 42.8% YoY Revenue growth to RM978.7 million; PBT surges 84.6% to RM180.8 million and PATAMI doubles to RM123.6 million;
MY Morning Wrap | Sime Darby Property's Q1 Net Profit Doubles on Record High Revenue
Stocks to watch: Sime Darby Property, Sunway.
MY Morning Wrap | Public Bank Reports 3.5% Drop in Net Profit for Q1FY2024
Stocks to watch: Public Bank, KLK.
Malaysian Property Sector Soars: Top Picks in a Bullish Q1 Market
The Bursa Property Index has recently shown a robust uptrend, with a year-to-date surge of 25.80%, significantly outperforming the KLCI Index of 11.18%. Investors are closely monitoring the investment opportunities behind the standout performance in the real estate sector.
MY Morning Wrap | S P Setia Reports 39.46% YoY Net Profit Increase in Q1 2024
Stocks to watch: S P Setia, Hup Seng Industries.
MY Morning Wrap | MAHB Confirms Getting Privatisation Offer from Consortium Led by Khazanah
Stocks to watch: MAHB, Axiata, MyEG.