Sime Darby Property records all-time high 9M revenue and profit

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Sime Darby Property records all-time high 9M revenue and profit
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(Reuters) - Genoa have appointed former Arsenal captain Patrick Vieira as their new coach, the Serie A club said on Wednesday.

recorded its strongest nine-month performance to date for the period ended Sept 30, 2024 , driven by strong sales momentum across a diverse product mix.

“Sales for the period rose to RM3.2bil, representing a 25% increase year-on-year, achieving 91% of the financial year 2024 sales target of RM3.5bil,” said the company. SDP group managing director Datuk Seri Azmir Merican said the group’s continued focus on diversifying its product mix and expanding recurring income streams, in line with its SHIFT25 strategy, positions the company for future growth.

Additionally, non-core land monetisation activities further strengthened the segment’s performance for the financial period. Industrial products accounted for 47% of the launches, followed by residential high-rise at 27% and residential landed at 19%.

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