The revenue growth was mainly due to higher progressive sales recognised from Harbour City – a six-acre integrated commercial development built on seafront land on Pulau Melaka that is slated to be completed by 2020 – in accordance with the percentage of completion method, says the group.
SINGAPORE (Nov 7): Property developer Hatten Land has announced RM3 million ($1 million) in earnings for 1Q18, rising 63.2% from RM1.8 million a year ago on higher revenue and lower expenses.
Revenue for the quarter grew 5% to RM56.5 million compared to RM53.8 million previously.
