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News Room

30 May 2011

Tambun Indah records Q1 pre-tax of RM10.4m

Business Times

KUALA LUMPUR: Tambun Indah Land Bhd recorded a pre-tax profit of RM10.4 million for the first quarter ended March 31, 2011 on the back of RM35.9 million in revenue.

In a filing to Bursa Malaysia, Tambun said the group's profit and revenue were principally derived from property development activities.

"The ongoing projects which contributed to the group's profit and revenue include Pearl Garden, Juru Heights, Carissa Park, Dahlia Park, Impian Residence and Tanjung Heights," it said.

The company said it expected its business for the financial year ending Dec 31, 2011 to be favourable.