Bina Puri Holdings Bhd's pre-tax profit for the first quarter ended March 31, 2011, increased slightly to RM2.96 million
from the RM2.6 million recorded in the same period last year.

However, revenue, fell to RM289.3 million from RM298.4 million previously.

The decrease in revenue was mainly due to near completion of the 2,000 units of affordable houses in Brunei, Bina Puri said in a statement today.

The company said it would continue to focus on and enhance its main core business, as the current value of contract work in progress of approximately RM2.45 billion, is expected to provide a steady revenue stream for the group over the next three years. -- Bernama