Mah Sing Q1 sales more than triple: RHB

Posted on | April 15, 2010

By BLOOMBERG

Mah Sing Group Bhd’s first-quarter sales more than tripled from a year earlier to RM516 million, helped by new Malaysian property launches, RHB Research Institute Sdn Bhd said.

The company is expected to sustain its sales in the coming quarters and its RM1 billion-sales target this year is “within reach,” RHB analyst Joshua Ng said in a report today.

- Malaysia Property Market News

You might also like

Mah Sing meets RM1b full-year sales target in 7 months By BUSINESS TIMES PROPERTY developer Mah Sing Group Bhd (8583) says its second-quarter net profit...

Mah Sing Q2 net profit falls 38pc year-on-year By BUSINESS TIMESPROPERTY developer Mah Sing Group Bhd (8583) posted a 38 per cent drop in its fiscal...

Mah Sing plans to build homes in Sabah for MM2H buyers By BUSINESS TIMESMAH SING Group Bhd (8583), the country's fifth largest property developer, is looking...

Lower sales cost boon to Mah Sing By BUSINESS TIMESPROPERTY developer Mah Sing Group Bhd's second-quarter net profit rose by almost a quarter,...