Hatten Land posts Q4 profit of RM9.3m, reverses year-ago loss
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Singapore
CATALIST-LISTED Hatten Land on Wednesday posted a net profit of RM9.3 million (S$3.07 million) for the fourth quarter ended June 30, reversing a restated net loss of RM5.3 million in the year-ago period.
Revenue rose to RM95.5 million from RM44.7 million a year ago, mainly on higher revenue from the Harbour City project. This was partly offset by lower revenue from the Hatten City Phase 2 project.
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