Wednesday, 20 July 2016

I-Bhd Q2 earnings up 72% to RM14.6m, boost from i-City

I-Bhd posted earnings of RM14.68mil in the second quarter ended June 30, 2016, underpinned by its property development from the various projects in its i-City.

It said on Wednesday the Q2, 2016 earnings were up 72.3% from the RM8.52mil a year ago. Earnings per share were 1.38 sen compared with 0.8 sen. Its revenue increased by 64.4% to RM86.67mil from RM52.72mil.

Property development segment recorded higher sales and completion of construction from the various projects in i-City.

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