Glomac first quarter pre-tax profit at RM10.5m

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Glomac first quarter pre-tax profit at RM10.5m Q1 profit affected by price fluctuations Oct 24, 2008 iProperty.com Glomac Bhd recorded a pre-tax profit of RM10.5 million in the first quarter ended July 31st on revenue of RM79.5 million. The group also achieved RM7.8 million in net profit distributed to shareholders, said executive chairman Tan Sri F.D. Mansor in a statement. According to him, the group’s first quarter profit was affected by price fluctuations caused by higher cost of building materials. Latest News: Sunway in the Top 10 property developer list (May 25, 2012) WCT launches new shopping mall in Petaling Jaya (May 25, 2012) Permaju to discuss Sabah land development (May 25, 2012) PMINT invests RM400mil in Kuala Terengganu development (May 25, 2012) Rehda lobbies for RM10b annual green allocation (May 23, 2012) Related Categories: Daily Property News and Updates Tags: N/A Bookmark:

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