Hatten Land Q1 profit jumps to RM2.6m on higher earnings from projects

CATALIST-LISTED Hatten Land on Wednesday posted a first-quarter net profit of RM2.6 million for the three months ended Sept 30, more than six times its net profit of RM424,000 in the year-ago period.Revenue surged 54.6 per cent to RM83 million, from RM53.7 million a year ago.

Hatten Land said no dividend has been declared for the quarter as it would like to conserve its cash for development and operational purposes.

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UOL Q3 net profit slips 7% to S$80m on lower property development earningsUOL Group's net profit slipped 7 per cent to S$80 million for the third quarter ended Sept 30 from S$85.7 million in Q3 FY2018, due mainly to lower profit from property development, it said on Tuesday. Read more at The Business Times.
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