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Monday, January 28, 2008

Sunrise 1H08 net profit doubles to RM95m

KUALA LUMPUR: Sunrise Bhd’s net profit in the first half to Dec 31, 2007 (1HFY08) has more than doubled to RM94.54 million from RM44.81 million a year earlier, anchored by sales of existing commercial and residential properties, and some RM1.2 billion of unbilled sales. Revenue jumped 63% to RM360.69 million from RM221.41 million in the previous corresponding period. It said Phase 2 of Solaris Mont’Kiara, comprising office suites, and two floors of retail units on four levels of a 1,700-bay carpark, was recently handed over to buyers. Construction of other current projects is on schedule, it added.

(25-1-2008 The Edge)

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