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Mah Sing extends NOW campaign to Dec 31

MAH Sing Group Berhad lauds the 12th Malaysia Plan (12MP) themed “A Prosperous, Inclusive, Sustainable Malaysia”, as the five-year development roadmap outlines the strategic direction and key initiatives for the country to revitalise its economy post-pandemic, ensure a fair and equitable distribution of the country’s prosperity, as well as preserve environmental sustainability. ....

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Mah Sing closes FY20 with slight q-o-q profit recovery in 4Q, sets higher annual sales target of RM1.6b


KUALA LUMPUR (Feb 25): Mah Sing Group Bhd s net profit increased by 4.19% to RM28.13 million in the fourth quarter ended Dec 31, 2020 (4QFY20) against RM27 million posted in 3QFY20, as it saw higher contributions from M Vertica and M Centura.
However, the increased contributions from the two ongoing projects were partially offset by the impairment and write-offs of certain assets, as well as the fair value loss on investment property totalling RM25.1 million, according to the property developer s bourse filing.
Quarterly revenue rose 21.78% to RM472.78 million from RM388.22 million in 3QFY20.
On a year-on-year basis, however, the company s net profit fell 37.46% from RM45 million in 4QFY19, despite revenue growing 6.81% from RM442.64 million, as cost of sales rose 14.74% to RM369.85 million from RM322.32 million. ....

Malaysia General , Kuala Lumpur , Johor Bahru , Bandar Baru Salak Tinggi , Mah Sing Group Bhd , Mah Sing , Cerrado Suites , Towerb Sensory Residences , Southville City , Southbay City , Meridin East , மலேசியா ஜநரல் , குவாலா லம்பூர் , ஜோஹோர் பஹ்ரு , பந்தர் பாரு சலக் டிங்கி , மஹ் பாட குழு ப்ட் , மஹ் பாட , சிஇஆர்ஆர்ஏடிஓ அறைத்தொகுதிகள் , தென்பகுதி நகரம் ,