Damansara Realty back in the black


All smiles: (from left) Brian, Zain and chief operating officer Yahaya Hassan at the company’s press briefing in Kuala Lumpur.

KUALA LUMPUR: Damansara Realty Bhd which posted a turnaround in its bottom line in the financial year 2017 (FY17) ended Dec 31 is targeting further growth in its revenue and net profit of 10%-15% conservatively in FY18.

“When we have a growth in revenue, we also expect the same range as well for profits,” its chief financial officer Zain Azrai Zainuddin said at its press briefing yesterday.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Eupe fourth-quarter profit rises 29%
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
US solar makers seek additional tariffs on panel imports from Asia
A test bed for airline subscription model
Pantech seeks to list steel pipe units
AI memory boom propels SK Hynix’s numbers
Battery stocks’ rally in India likely to extend
Congo accuses Apple of using ‘blood minerals’ from war-torn east
Higher earnings for Pavilion-REIT

Others Also Read