Kerjaya Prospek 4Q earnings increase 9.3%

by TMR

Kerjaya Prospek Group Bhd’s net pro t rose 9.3% year- on-year (YoY) to RM28.3 million, or an earnings per share of 5.56 sen, for the fourth quarter (4Q) ended Dec 31, 2017, on progression of several construction projects and a 76% take-up rate for its maiden property venture.

In a filing to Bursa Malaysia yesterday, the property developer reported a 10% YoY increase in revenue for the quarter to RM252.7 million.

The company has declared a total dividend of 5.5 sen per ordinary share for the current financial period.