Property group Ho Bee Investment says it posted a record net profit after tax and minority interests of $293.9 million for the nine months ended 30 September 2009, up 259% from the $81.8 million it registered in the previous corresponding period.

Group turnover for the first nine months of 2009 quadrupled to hit a new high of $1.06 billion, up 302% from the $263.5 million it achieved in the previous corresponding period.