Sunsuria doubles Q1 2018 pre-tax profit

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Sunsuria City, Monet Lily- First landed residential launched in Q1 FY2018 with take-up rate​ more than 70%

PETALING JAYA: Sunsuria Bhd achieved revenues of RM110.82mil and a pre-tax profit of RM38.37mil, as announced in its Q1 financial results, recently.

Revenue for Q1 saw a rose of 74% while pre-tax profit more than doubled by 111% compared to the same quarter last year.

Meanwhile, quarter-on-quarter, revenue grew to RM110.82mil in Q1 2018 from RM108.25mil in the preceding quarter.

“Focusing on our customers and consistently delivering products that are relevant to the market have stood us in good stead financially. Our positive Q1 results is the perfect start to 2018, as it has given us the impetus to strive for excellence in the months ahead,” said Sunsuria chief executive officer Koong Wai Seng in a statement.

The Group’s positive Q1 performance is attributed to Sunsuria City’s Bell Suites SOHO and Monet Lily projects, along with additional sales and work done recorded from Forum 1, Suria Residence, Bell Avenue, Jasper Square and The Olive developments.

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