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Sunday, April 6, 2008

Glomac 9 month net profit up 94 pc

GLOMAC Bhd's nine-month net profit jumped 94 per cent to RM31.6 million on the back of RM252.3 million revenue, driven by strong progress billings of ongoing development projects.The group said it has launched close to RM1 billion worth of new projects this year, and will have more than twelve projects ongoing concurrently.

(New Straits Times 29-3-2008)