{"id":6598,"date":"2024-11-27T18:00:00","date_gmt":"2024-11-27T10:00:00","guid":{"rendered":"https:\/\/assets.flexstargroup.com\/v4\/2024\/11\/27\/ioi-properties-group-maintains-resilience-amid-headwinds\/"},"modified":"2024-11-27T18:00:00","modified_gmt":"2024-11-27T10:00:00","slug":"ioi-properties-group-maintains-resilience-amid-headwinds","status":"publish","type":"post","link":"https:\/\/assets.flexstargroup.my\/v4\/2024\/11\/27\/ioi-properties-group-maintains-resilience-amid-headwinds\/","title":{"rendered":"IOI Properties Group Maintains Resilience Amid Headwinds\u00a0"},"content":{"rendered":"<p>Putrajaya &#8211; IOI Properties Group Berhad (\u201cIOIPG\u201d or \u201cGroup\u201d) registered a revenue of RM687.9 million for\u00a0 the first quarter of financial year 2025 (\u201cQ1 FY2025\u201d) which ended on 30 September 2024. Although the\u00a0 Property Development segment saw a 21% decline in revenue, the weaker performance was offset by the\u00a0 strong performance of the Property Investment segment, which continued its growth trajectory with an\u00a0 impressive 52% growth, alongside the Hospitality &amp; Leisure segment, which saw its revenue more than\u00a0 double, driven by contributions from three new additions to the portfolio, namely Moxy Hotel, W Kuala\u00a0 Lumpur and Courtyard by Marriott Penang, as well as higher contributions from Palm Garden Hotel, A\u00a0 Tribute Portfolio Hotel, and Putrajaya Marriott Hotel following the completion of its refurbishment works.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>Putrajaya &#8211; IOI Properties Group Berhad (\u201cIOIPG\u201d or \u201cGroup\u201d) registered a revenue of RM687.9 million for\u00a0 the first quarter of financial year 2025 (\u201cQ1 FY2025\u201d) which ended on 30 September 2024. Although the\u00a0 Property Development segment saw a 21% decline in revenue, the weaker performance&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[62],"tags":[],"class_list":["post-6598","post","type-post","status-publish","format-standard","hentry","category-property"],"acf":[],"_links":{"self":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/posts\/6598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/comments?post=6598"}],"version-history":[{"count":0,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/posts\/6598\/revisions"}],"wp:attachment":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/media?parent=6598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/categories?post=6598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/tags?post=6598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}