SINGAPORE (Aug 17): Hatten Land, the Malacca based developer formerly known as VGO Corp, reported 4Q17 earnings surge three-fold to RM59.7 million ($19 million) from RM19.9 million in 4Q16.

For the 4Q17 ended June, gross profit rose 85.6% to RM73.0 million — outpacing revenue growth of 24% to RM130.0 million — compared to RM39.3 million in the previous corresponding period 4Q16.

Operating profit rose 110.2% to RM56.5 million from RM26.9 million over the comparative period.

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