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OCR is no longer just depending on the usual “launch and build” property model. They are now trying to do more by combining property development with capital recycling, while also expanding its external sales network
The local construction sector is still seeing a healthy flow of projects, especially with the fast-growing demand for data centers and related infrastructure. Although material prices remain high and manpower is still tight, contractors are continuing to benefit from the strong pipeline of jobs
Even though OCR recorded a small Loss Before Tax of RM0.47 million in Q2, the company still managed to achieve a Profit Before Tax of RM4.51 million for the first six months overall
