KUALA LUMPUR: Mah Sing Bhd’s net profit for the year ended Dec 31, 2007 (FY07) rose 24.1% to RM81.13 million, underpinned by contribution from more projects it had launched over the year. Revenue rose 15.7% to RM573.37 million from RM495.63 million, while earnings per share fell to 14.82 sen from 17.03 sen. It proposed a first and final dividend of eight sen per share less tax. Mah Sing said yesterday its 15 projects, which are located in prime locations in the country, had contributed to earnings. It also has impending projects, including the Southbay Penang and Southgate Commercial Centre. Read more
(The Edge 29-2-2008)
