IGB Bhd operates in the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares IGB Bhd with three other
companies in this sector in MALAYSIA :
Sunway Real Estate Investment Trust
(2019
sales of 580.30 million Malaysian Ringgits [US$143.75 million]
of which 74%
was Retail),
KLCCP Stapled Group
(1.42 billion Malaysian Ringgits [US$352.50 million]
of which 42%
was Property Investment - Office), and
Pavilion Real Estate Investment Trust
(585.35 million Malaysian Ringgits [US$145.00 million]
of which 98%
was Retail).
Sales Analysis.
IGB Bhd reported sales of 1.44 billion Malaysian Ringgits (US$355.83 million)
for the
year ending
December of 2019.
This
represents
an
increase of 10.3%
versus 2018, when the company's sales were 1.30 billion Malaysian Ringgits.
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
78.1% in 2019, from
134.89 million Malaysian Ringgits to 240.20 million Malaysian Ringgits.
IGB Bhd also saw significant increases in sales in
Property Investment - Retail (up 39.8% to 740.43 million Malaysian Ringgits)
and
Property Investment - Commercial (up 20.6% to 205.26 million Malaysian Ringgits)
.
Not all segments of IGB Bhd experienced an increase in sales in 2019:
sales of Property Development fell 9.5% to 150.96 million Malaysian Ringgits.
IGB Bhd also experienced decreases in sales in
Hotel (down 7.2% to 278.95 million Malaysian Ringgits)
.