IGB REIT posts 7.6% rise in Q4 profit

  • Business Premium
  • Wednesday, 29 Jan 2014

PETALING JAYA: IGB Real Estate Investment Trust posted a 7.6% rise in net profit to RM158mil for the fourth quarter ended Dec 31, 2013 compared with the previous corresponding quarter, following the acquisition of investment properties.

The company, which owns the Mid Valley Megamall and The Gardens Mall in Kuala Lumpur, said in an announcement to Bursa Malaysia that revenue came in at RM114.3mil compared to RM102.9mil.

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