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Thursday, December 22, 2011

BLand Q2 net profit higher

KUALA LUMPUR: Berjaya Land Bhd’s net profit rose to RM55.85 million in the second quarter ended October 31 this year from RM43.69 million a year ago.

Group revenue, however, eased to RM988.9 million from RM1.02 billion previously.

The slightly lower revenue was mainly due to the lower property sales registered by its property development business, BLand said in a statement yesterday.

By Business Times

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