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That one-off admin cost really drag down the bottom line but the dividend payout still okay lah, I think the move to diversify into education property is smart to hedge against the weak retail sentiment
Compared with the previous quarter, the company’s second-quarter revenue increased by 7%, while net profit surged 501% from RM580,000 in the first quarter. The strong increase in earnings was mainly due to the absence in the second quarter of the one-off IPO expenses of RM3.06 million incurred in the first quarter
