Business News

Published: Friday May 10, 2013 MYT 12:00:00 AM
Updated: Friday August 23, 2013 MYT 10:34:43 AM

Quill Capita Q1 net profit higher

PETALING JAYA: Quill Capita Trust’s net profit for its first quarter ended March 31 is marginally higher at RM8.11mil compared to RM8.07mil a year ago, despite revenue dipping 3.1% to RM17.23mil.

In a filing with Bursa Malaysia, the company said: “As compared with the preceding year’s corresponding quarter, the revenue is about 3.1% lower mainly due to a higher vacancy mitigated by the rental increases of some properties. “Property operating expenses is lower by 7.4% due to less repair costs.”

Tags / Keywords: Business, Business News, Quill Capita Trust

advertisement

  1. Bank Negara ups OPR for the first time since 2011
  2. Banks enter into exclusivity agreement, ruling out competing bids
  3. RHB Cap, CIMB, MBSB plan to form mega Islamic bank (Update)
  4. Bank Negara raises overnight policy rate by 25bps (Update)
  5. GST to help lower property project costs
  6. Where does OSK fit into RHB Cap, CIMB, MBSB merger?
  7. RHB, CIMB, MBSB seek to merge
  8. Uncertainty over APs
  9. Worries over luxury condos, number of upcoming units 'frightening'
  10. Interest rate hike may be as early as tomorrow

advertisement

advertisement