IBHD Stock Forum

Real estate developer I-Bhd (KL:IBHD) said on Thursday its net profit tripled in the second quarter from a year earlier, thanks to a turnaround of its leisure business and higher property investment income.
Net profit for the quarter ended June 30, 2024 (2QFY2024) was RM5.45 million, compared with RM1.82 million for the same period in 2023, I-Bhd said in an exchange filing. Revenue for the quarter rose 33% year-on-year (y-o-y) to RM55...

I-Bhd's strategy to make i-City a lively destination has led to lasting benefits for its property development, investment, and leisure divisions. The group's solid foundation and innovative business projects have driven consistent demand within i-City.

I-Bhd Chairman values 5G's potential to improve convenience, efficiency, and safety for residents. CelcomDigi CEO also emphasizes their commitment to customer-focused solutions in their i-City collaboration.