Bernama, 26 May 2011 - Dijaya’s Q1 Profit Rises To RM19 Million

Bernama, 26 May 2011

KUALA LUMPUR, May 26 (Bernama)-- Dijaya Corporation Bhd posted a pre-tax profit of RM19.98 million for the first quarter ended March 31, 2011 compared to RM6.602 million recorded in the same period last year.

Revenue however fell to RM57.675 million from RM58.372 million previously.

The company in a statement said the higher profit margin was mainly due to contribution from its new property developments such as Tropicana Grande, Casa Tropicana Block E and Pool Villas.