Crescendo's Profit, Revenue Surge in Fiscal Q1 on Data Center Land Sales

MT Newswires Live06-28

Crescendo Berhad (KLSE:CRESNDO) said its profit attributable to owners surged to 289 million ringgit in the fiscal first quarter ended April 30, from 13.2 million ringgit a year earlier.

Earnings per share rose to 1.0344 ringgit, versus 0.0473 ringgit a year ago, according to a day bourse filing.

Revenue soared to 527.2 million ringgit from 58.3 million ringgit a year ago, mainly driven by the

data center land sales in Nusa Cemerlang Industrial Park, the Malaysian property developer said.

The board did not recommend a dividend for the period.

Price (MYR): $3.72, Change: $+0.02, Percent Change: +0.54%

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