PETALING JAYA: IGB Real Estate Investment Trust (IGB Reit) posted a net profit of RM145.13mil for the third quarter ended Sept 30, 2014, up more than 170% from RM53.83mil recorded in the same quarter last year.
Revenue was 4% higher at RM112.55mil from RM107.98mil a year ago, mainly due to higher total rental income as well as a revaluation gain of RM85mil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!