CLMT 1Q net profit rises to RM33.49mil on higher occupancies, positive rental reversions


KUALA LUMPUR: Capitaland Malaysia Trust's (CLMT) net profit for the first quarter ended March 31, 2024 (1Q 2024) rose to RM33.49 million from RM12.04 million a year earlier.

Revenue rose 42.5 per cent to RM111.88 million from RM78.49 million previously, the real estate investment trust said.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Malaysia-Japan trade set to rise this year - Tengku Zafrul
Global trading platform Webull expands to Malaysia
Maybank 1Q earnings up 9.8% on higher core fees
MPI set for strong show
Investors rush to grab piece of US$1.8 trillion UK pensions pie
Starwood’s US$10bil REIT turns to survival mode as pain lingers
Damned if you do, damned if you don’t
US stock changes affect Asia forex trades
Panda to capitalise on new opportunities including e-invoicing
Johor Group Plantations aims to go public in 3Q

Others Also Read