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Besides premium and urban lifestyle projects, OCR is also involved in affordable housing, mid-market residential developments, and selected high-rise projects in well-located areas
From the latest results, you can see that the earlier project hiccups are largely cleared already. Now that work on site is moving faster, the company is converting more of its outstanding jobs into revenue and profits
Revenue surged 107.5% year-on-year to RM68.02 million from RM32.78 million in Q1 FY2025, reflecting a significant improvement in business activity and sales momentum. Profit Before Tax (PBT) recorded an even stronger performance, soaring 13-fold to RM4.98 million compared to RM0.37 million in the same quarter last year, highlighting improved profitability and operational efficiency.