PETALING JAYA: Axis REIT Managers Bhd saw its net profit rise 9.4% to RM40.1mil in the third quarter ended Sept 30 from RM36.7mil a year earlier on revaluation gains.
Consequently, the industrial and office-based trust’s earnings per share rose to 8.65 sen from eight sen previously, despite registering a decline in revenue of 6.2% to RM33.12mil from RM35.31mil.
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