CONSTRUCTION and property development solutions provider MGB Bhd
recorded revenue of RM971.8mil for the full year ending Dec 31, 2023 (FY23) – a 58.6% increase from the previous year’s RM612.8mil.
This substantial growth of MGB – a subsidiary of LBS Bina Group Bhd – was primarily driven by a 45.4% gain in revenue from the construction and trading segment, amounting to RM856.2mil.
The surge was propelled by projects such as Idaman BSP, KITA Sejati, Prestige and KITA Mekar.
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