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Aspen Group reverses into earnings of RM38.26 mil for FY2024

Khairani Afifi Noordin
Khairani Afifi Noordin • 2 min read
Aspen Group reverses into earnings of RM38.26 mil for FY2024
Revenue for the full year was down 9% y-o-y to RM245 million. Photo: Aspen Group
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Aspen Group has reversed into earnings of RM38.26 million ($11.54 mil) for its FY2024 ended June 30, from a loss of RM195 million last year. 

Revenue for the full year was down 9% y-o-y to RM245 million. 

This was contributed primarily by the property development segment from progressive construction of its ongoing projects such as Vivo Executive Apartment and Viluxe P1, as well as the sale of completed projects such as Vervea, Vertu Resort and Beacon Executive Suites. 

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