Corporate digest

Hatten Land

CATALIST-LISTED Malaysian property developer Hatten Land has posted a first-quarter net profit of RM2.6 million (S$850,000) for the three months ended Sept 30, more than six times its net profit of RM424,000 in the year-ago period. This translated to earnings per share of 0.19 sen, from 0.03 sen last year.

Revenue surged 54.6 per cent to RM83 million. No dividend was declared for the quarter.