Revenue in FY17 grew 16.9% to RM309.6 million, from RM264.9 million a year ago, on the back of progressive sales of its two key projects in Johor.
SINGAPORE (Aug 24): Astaka Holdings posted earnings of RM28.4 million ($9 million) for the full year ended June, swinging out of a restated loss of RM66.4 million a year ago.
This was mainly due to the absence of one-off non-operating losses of RM98.7 million in FY16, which arose from accounting losses from the group’s reverse takeover (RTO) exercise and RTO-related expenses.
