Oriental Daily - 17 May 2019 - Tropicana Corporation Berhad launch RM300 million new project

17 May 2019

Kuala Lumpur, 16 May 2019 – Tropicana Corp. Bhd.’s (TROP, 5401, main market, property) net profit was marginally lower by 0.73% to RM 46.06mil (as at first quarter ended March 31, 2019), whereas revenue for the quarter declined 53.69% to RM 209.77mil.

Meanwhile, the group declared its first interim dividend of 2.78 sen per share. Currently, Tropicana delivered total unbilled sales of RM 736.9mil and plan to develop future projects amounting to GDV of approximately RM 3bil.