KOTA DAMANSARA, Selangor, Feb 28 (Bernama) -- Encorp Berhad (“ENCORP” or “the Group”), a Main Market-listed property development and investment company, has reported a strong financial turnaround for the financial year ended 31 December 2024, posting a net profit of RM3.4 million compared to a net loss of RM8.5 million in the previous year.
For the full year 2024 performance, the Group recorded a profit before tax of RM6.1 million, marking a strong recovery from a loss of RM1.1 million in the corresponding period in 2023. This represents ENCORP’s first return to profitability since 2016.
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