OSK Property Holdings Bhd posted a higher pre-tax profit of RM7.7 million for the fourth-quarter ended Dec 31, 2010, up 89 per cent from RM4.1 million registered in last quarter of 2009.

Revenue rose to RM42.3 million, during the period under review, from RM39.9 million chalked up previously, it said in a filing to Bursa Malaysia today.

For the financial year ended Dec 31, 2010, pre-tax profit rose to RM26.7 million, up 124 per cent against RM11.9 million recorded in 2009.

Revenue increased to RM144.87 million, from RM125.8 million raked in previously, the company said in a filing to Bursa Malaysia today.

The group's improved performance is attributable to improved sales from all projects located in the Klang Valley, Seremban and Sungai Petani. -- Bernama