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L&G’s RM513 Million Unbilled Sales Support FY2027 Momentum

By TLA AI Editor3 min read

Kuala Lumpur, 27 August 2026 – Land & General Bhd opened its 2027 financial year with stronger property billings and a sharp increase in shareholder earnings. First-quarter revenue rose 61.5% to RM159 million, operating profit increased 24% to RM26.7 million and profit before tax advanced 42.6% to RM24.9 million.

Profit attributable to owners climbed 88.7% to RM21.5 million, lifting earnings per share to 0.72 sen from 0.38 sen. Property development generated RM146 million of revenue, up 70.7%, and RM24 million of operating profit, 28.5% higher. The education division continued to provide a steadier recurring contribution alongside the more cyclical development business.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.