UOA Development posts FY20 net prfoit of RM391 29mil thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (Feb 24): UOA Development Bhd s net profit for the fourth quarter ended Dec 31, 2020 (4QFY20) slumped 68.95% to RM34.96 million, from RM112.61 million a year ago, due to lower recognition from ongoing projects and a fair value loss from the revaluation of its investment properties.
Its quarterly revenue also fell 14.5% to RM194.11 million, from RM227.02 million a year ago, its filing with Bursa Malaysia showed.
The group has recommended a first and final single-tier dividend of 14 sen and a proposed special dividend of one sen for the financial year ended Dec 31, 2020 (FY20), utilising proceeds from the disposal of UOA Corporate Tower.
UOA Development posts FY20 net profit of RM391 29mil thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.