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United Overseas Australia Ltd ( (AU:UOS) ) just unveiled an announcement.
UOA Development Bhd reported a significant increase in its first-quarter 2025 financial results, with revenue reaching RM152.1 million, up from RM70.3 million in the same period last year. The profit after tax and minority interests also rose to RM73.9 million, driven by the progressive recognition of ongoing development projects. New property sales for the quarter amounted to RM265.0 million, with total unbilled sales standing at RM891.7 million, indicating strong market demand and a robust pipeline for future revenue.
More about United Overseas Australia Ltd
United Overseas Australia Ltd operates in the real estate development industry, primarily focusing on property development projects in Malaysia. Its subsidiary, UOA Development Bhd, is involved in the construction of residential and commercial properties, with a market focus on ongoing projects such as Aster Hill, Laurel Residence, Bamboo Hills Residences, and a medical centre in Bangsar South.
Average Trading Volume: 113,047
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$966.9M
For an in-depth examination of UOS stock, go to TipRanks’ Stock Analysis page.
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