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Monday, January 28, 2008

SunCity confident 2008 profit will beat forecasts

SUNWAY City Bhd said its net profit and revenue for fiscal 2008 will beat forecasts as it sells two large properties and promises more of similar sales in the future. Property sales are set to hit a record RM1.35 billion for the year to June 30 2008. It has managed to book sales of RM924 million so far, said Ngian Siew Siong, managing director for property development.

(9-1-2008 New Straits Times)

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