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Suria Group holds steady with resilient 2024 performance
Published on: Wednesday, June 25, 2025
Published on: Wed, Jun 25, 2025
By: Hayati Dzulkifli Text Size: KOTA KINABALU: Suria Capital Holdings Berhad, majority-owned by the Sabah Government, has reported a steady financial performance for the year ending Dec 31, 2024. At its 42nd Annual General Meeting held at Wisma Sabah Ports on Wednesday, the Group shared highlights of a year marked by strategic partnerships and property progress. Group Managing Director Datuk Ng Kiat Min ( pic ) said 2024 was a turning point, particularly with its landmark collaboration with global port operator DP World at Sapangar Bay Container Port. Despite a slight 2.6 per cent dip in revenue to RM271 million, the Group saw gross profit rise by 3.3 per cent to RM80.4 million and pre-tax profit climb by 3.6 per cent to RM50.5 million. Post-tax profit slipped by 1.3 per cent to RM33.9 million, but the Group maintains its long-term focus on sustainable growth and creating lasting value. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
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