I-Bhd’s 2Q net profit jumps to RM11.45mil

KUALA LUMPUR: Property company I-Bhd’s net profit more than doubled to RM11.45mil for the second quarter of this year, from RM5.45mil in the year-ago quarter, on solid contributions across its core business segments.

“This quarter’s results reflect the group’s continued discipline in building a resilient, recurring income base while executing on our longer-term roadmap to elevate i-City as Malaysia’s leading smart lifestyle destination.

“Each segment is delivering as intended – whether through stability, growth, or innovation – and this balanced approach gives us the agility to navigate evolving market dynamics,” said executive chairman Tan Sri Lim Kim Hong in a statement.