KUALA LUMPUR, May 26 (Bernama) -- IOI Properties Group Bhd's net profit almost doubled in the third quarter ended March 31, 2023, (3Q FY2023) to RM115.38 million compared with RM59.72 million in the previous corresponding quarter. Revenue, however, fell 23 per cent to RM564.67 million from RM737.79 million previously amid lower performance from the property development segment. 'The property investment segment recorded revenue and operating profit of RM135.1 million and RM51.7 million, respectively.

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