HSL rakes in RM30mil sales - Business News - News Summed Up

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HSL rakes in RM30mil sales - Business News

KUCHING: Hock Seng Lee Bhd (HSL) has raked in sales of over RM30mil following strong take-up rates of its first industrial park project in Muara Tabuan, which caters to small and medium enterprises. “With good sales recorded in phase I, we plan to launch the second phase later this year,” added Tay. The first phase with a GDV of RM30mil comprises 32 units, out of which 17 units have been snapped up despite the weak property market. The developer is expected to soon open a dedicated sales gallery and an additional show house in La Promenade. Over a six-month period, the company recorded a group pre-tax profit of RM49.2mil and turnover of RM336mil.

Source: The Star August 29, 2016 00:19 UTC