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UOA Development reports 68.95% lower 4Q net profit, declares 15 sen dividends


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. ....

Kuala Lumpur , Malaysia General , Development Bhd , Bursa Malaysia , United Point Residence , Aster Green Residence , Goodwood Residence , Sentul Point , குவாலா லம்பூர் , மலேசியா ஜநரல் , வளர்ச்சி ப்ட் , ஒன்றுபட்டது பாயஂட் குடியிருப்பு , அஸ்டெர் பச்சை குடியிருப்பு , குட்வுட் குடியிருப்பு ,