[CREST BUILDER HOLDINGS BHD，积极参与建设项目]
房地产开发部门的收入和税前利润分别为RM4240万和800万令吉，与去年同期的第一季度相比，分别为RM2000万和RM390万。收入及除税前溢利提高主要由于两个已完成项目（即Batu Tiga Phase 4（Alam Sanjung）及Batu Tiga Phase 5（Avenue Crest））及一个发展项目（即Batu Tiga Phase 2（Residensi Hijauan）。
For the first quarter under review, the Group’s revenue increased from RM95.0 million to RM124.3 million while the profit before tax increased from RM10.0 million to RM12.5 million respectively as compared to the corresponding first quarter of the preceding year.
The construction division recorded revenue of RM66.3 million and profit before tax of RM1.5 million as compared to the corresponding first quarter of the preceding year of RM59.1 million and RM3.7 million respectively. The increase in revenue was mainly due to higher progressive construction progress recognised from certain projects during the financial period under review.
The property development division’s revenue and profit before tax amounted to RM42.4 million and RM8.0 million as compared to the corresponding first quarter of the preceding year of RM20.0 million and RM3.9 million respectively. The increase in revenue and profit before tax were mainly due to higher sales generated from two completed projects, i.e. Batu Tiga Phase 4 (Alam Sanjung) and Batu Tiga Phase 5 (Avenue Crest) and a development project, i.e. Batu Tiga Phase 2 (Residensi Hijauan).
The concession arrangement division recorded revenue of RM11.6 million and profit before tax of RM2.8 million as compared to the corresponding first quarter of the preceding year of RM11.8 million and RM2.5 million respectively. The increase in profit before tax was mainly due to saving in finance costs with repayment of Sukuk Murabahah.
The investment division recorded revenue of RM4.0 million and profit before tax of RM0.2 million as compared to the corresponding first quarter of the preceding year of RM4.1 million and loss before tax of RM0.1 million respectively. The increase in profit before tax was mainly due to saving in finance costs with repayment of term loans.
The Group will continue to bid actively for construction projects in order to replenish the Group’s order book. The current projects are all progressing within expectation. With the completion of UiTM Tapah concession project and its refinancing exercise, the Group expects better margins moving forward for concession arrangement division. The property development division will continue to contribute positively to the Group in year 2018. Their existing developments in Shah Alam cater to the first time buyer market segment. They expect the responses to their developments to be encouraging. The Board is optimistic that the Group will continue to remain profitable for the year 2018.
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