SkyWorld Development Berhad reported its second-quarter results since listing on the main market, posting a revenue of RM148.3 million and a profit before tax of RM27.5 million in its unaudited results during its financial year ending 31 March 2024 (“Q2FYE2024”).
For the quarter under review, the property developer also recorded a profit after tax of RM19.0 million and a profit after tax attributable to owners of the Company of RM19.1 million. There are no comparative figures as SkyWorld was only listed on the Main Market of Bursa Malaysia Securities Berhad on 10 July 2023.
For the first half of the financial year ending 31 March 2024, SkyWorld posted revenue of RM359.2 million and a PBT of RM86.7 million. The Company recorded PAT and PATAMI of RM61.0 million and RM61.1 million respectively.
Datuk Seri Ng Thien Phing, Founder and Non-Independent Executive Chairman of SkyWorld Development Berhad said that despite the challenging and uncertain outlooks in both domestic and global economies, SkyWorld still recorded a robust financial performance in 1HFYE2024.
“As of 30 September 2023, the company has unbilled sales of RM713.9 million and plans to launch new projects in Kuala Lumpur with total estimated gross development values exceeding RM1 billion.
The Board of Directors has declared a first interim single-tier dividend of 1.25 sen per ordinary share on 1.0 billion ordinary shares, amounting to RM12.5 million, which shall be paid on 15 January 2024
