AI Summary
LBS Bina Group Berhad reported a profit after tax and minority interests (PATMI) of RM27.1 million for Q2 2025, with revenue of RM309.8 million. Strong sales performance continues, reaching RM690.2 million in sales and RM401.11 million in bookings as of August 19, 2025, driven by projects in the Klang Valley, particularly LBS Alam Perdana. Future growth is anticipated from a development agreement with Kwasa Land Sdn. Bhd. for a 77.8-hectare project in Kwasa Damansara, with an estimated gross development value (GDV) of RM8.3 billion over 14 years. Executive Chairman Tan Sri Lim Hock San highlighted the company's land bank and the "8 x 8 Strategy" as key drivers for sustainable growth.
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