Kota Kinabalu: Sabah-based integrated property developer KTI Landmark Berhad on Friday declared dividends of RM2.4 million or 0.3 sen per share.
This was the highest quarterly performance recorded by KTI since its listing on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) in June 2024.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({});The company announced its fourth quarter (4QFY24) and 12 months financial results ended 31 December 2024 (FY2024) to the investing public.
KTI Landmark Berhad booked a net profit of RM9.1 million on the back of RM66.0 million revenue in 4QFY24.
Earnings per share for the quarter was 1.13 sen. This equates to a 28 per cent payout on the FY2024 net profits.
The interim dividend of 0.3 sen per share with an entitlement date of March 17, 2025, is to be paid on March 27, 2025.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({});Since KTI’s inception in 1984, the developer has now grown into a multi-talented corporation.
The company has realised various projects ranging from housing and construction, to hospitality, IBS manufacturing, and commercial – carving an esteemed reputation in Sabah.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({});Driven by its commitment to transcending ideas and ‘people first’ values, KTI endeavours for more years of flourishing achievements as the company remains dedicated to enhancing living standards of the people.