KUALA LUMPUR, Feb 28 — Property and construction group Malaysian Resources Corporation Bhd rebounded to record a net profit of RM15.83 million in the financial year ended December 31, 2021 from a net loss of RM177.37 million in the same period a year earlier.
“The closure and restrictions impacted construction progress and the contributions from its Sentral Suites, 9 Seputeh and Alstonia developments,” it said in a statement today. The division sold RM309.8 million worth of properties in 2021 and had unbilled property sales of RM923.0 million.
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