Ibraco expects stronger earnings trajectory ahead on KUTS, green hydrogen wave
KUCHING (Aug 30): Ibraco Bhd’s (Ibraco) net profit for its first half of financial year 2024 (1HFY24) fell 51 per cent year on year (y-o-y) to RM11.5 million, impacted by reduced revenue from the property development division, higher administrative and marketing expenses, and increased interest costs. The gross profit margin in property development fell by [...]
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