MGB’S Q2FYE2024 PROFIT AFTER TAX LEAPS BY 27.1%
MGB Berhad has just announced its Q2FYE2024 results, showcasing remarkable growth and resilience. The property development segment, driven by projects like Idaman Melur and Idaman Cahaya Phase 1 & 2, saw an impressive eleven-fold revenue increase year-on-year, from RM13.3 million in Q2FYE2023 to RM149.5 million this quarter.
DEBT-FREE KEYFIELD’S PROFIT JUMPS 166% TO RM100 MILLION, DECLARES 3 SEN DIVIDEND
Keyfield International Berhad reported a PATAMI of RM70.0 million for 2Q2024 and RM100.3 million year-to-date, up 131.8% and 166.8%, respectively. The company reached 95.1% of its full-year 2023 PATAMI within the first six months of 2024, driven by strong vessel utilisation and increased third-party charters.
MR D.I.Y. MAKES RECORD 73% 2QFY2024 DIVIDEND PAYOUT
MR D.I.Y Group Berhad, Malaysia’s largest home improvement retailer, is set to make a record 73.1% dividend payout ratio for the second quarter of 2024. This represents a 50.2% year-on-year increase, driven by a 9.0% rise in revenue. The RM113.4 million dividend is the highest payout since the company’s 2020 IPO, with cumulative 1H FY2024 dividends totaling RM207.9 million, or 69.3% of profit after tax.
KIP REIT ANNOUNCES 25.2% INCREASE IN NPI TO RM77.8 MILLION FOR FY2024
