Lagenda Properties Experiences Slowdown In Property Sales
harshitajan01
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harshitajan01
Ongoing, First published Nov 28, 2024
lagendapropertieslagendapropertiesmaccmacc
Affordable housing and integrated township developer Lagenda Properties' first quarter financial results come with revenue easing 16% to RM192.8 million and profit after tax moderated by 15% to RM47 million when compared to the corresponding quarter of the preceding financial year.

Confirmed sales are RM144.6 million were comparable to the corresponding period of the preceding year, with growth expected over the upcoming quarters with new launches and natural cyclical pick-up. It added that bookings and unbilled sales remained healthy at RM341.4 million and RM604.8 million.
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lagendapropertieslagendapropertiesmaccmacc
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The Lost De'Luca

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