btw, its revenue in this quarter was contributed by Residensi Vista Sentul, Suite Canselor and Residensi Desa Timur projects. More revenue will be generated through its expansion of business through the acquisition of landbank(s) and joint venture arrangement(s) for future projects in Klang Valley.
A company's depreciation expense reduces the amount of earnings on which taxes are based, thus reducing the amount of taxes owed. The larger the depreciation expense, the lower the taxable income, and the lower a company's tax bill.
Radium had launched two projects in 2023, which were the RM474.4 million GDV R Suites Chancery Residences in Jalan Ampang and RM1 billion GDV Residensi Desa Timur in Salak South. They are going to do well for this upcoming QR