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约搏以太坊单双博彩游戏:LBS Bina beats annual target with property sales of RM1.83bil

约搏以太坊单双博彩游戏:LBS Bina beats annual target with property sales of RM1.83bil

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KUALA LUMPUR: LBS Bina Bhd is sounding an optimistic note after reporting property sales of RM1.83bil, which represents 114% of its full-year sales target for 2022.

"This achievement is remarkable despite the challenging operating conditions beset by inflationary pressure, labour shortages, high material costs and rising interest rates," it said in comments accompanying its 3Q'FY22 results announcement to Bursa Malaysia.

According to the real-estate group, the momentum is expected to continue with RM424mil worth of launches in 4Q22, including the 26-unit Emerald Garden in Batu Pahat and Idaman Melur, which comprises 1,448 units.

It said the ongoing full stamp duty exemption on first residential homes below RM500,000 will continue to boost ownership among middle-income earners as 60% of its properties are priced within the RM500,000 range.

The group's unbilled sales stood at RM2.54bil, which it said would continue to provide revenue visibility for the next two to three years.

"While economic backdrop remains uncertain, the group will continue to advance digitalisation within the organisation, step up departmental centralisation, and to continue automated data gathering on industrialised building system (IBS) for greater output and quality.

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"The group continues to pursue ESG (environmental, social and governance) values and is working towards developing a business model that builds good governance with strong environmental and social performance," it added.

For the third quarter ended Sept 30, 2022, LBS Bina posted a net profit of RM35.35mil, which was nearly double the result achieved in the same quarter last year.

Basic earnings per share rose to 1.78 sen as compared with 0.88 sen in the comparative quarter.

The group reported revenue of RM528.89mil, more than twice the revenue of 3Q'FY21.

According to LBS Bina, the improved group result was owing to a surge in revenue and profit in the property development segment, largely attributable to continuous strong demand and higher progress billings for the key development projects at Bukit Jalil, LBS Alam Perdana, KITA @ Cybersouth and Alam Awana Industrial Park.

In the nine months period to Sept 30, 2022, the group posted a net profit of RM100.64mil on revenue of RM1.35bil, as compared with net profit of RM59.57mil and revenue of RM922.43mil in the previous corresponding period.


转载说明:本文转载自Sunbet。,

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