PETALING JAYA: MRCB-Quill Real Estate Investment Trust (MQReit) (formerly Quill Capita Trust) has recorded a net profit of RM13.632mil for the second quarter (Q2) ended June 30, 2015, a 59.2% jump from a year earlier due to recognition of the full-quarter income contribution from Platinum Sentral.
This was achieved on an 85.4% growth in revenue to RM32.175mil, attributed mainly to additional revenue arising from the RM740mil acquisition of Platinum Sentral in Kuala Lumpur in March, higher revenue from Plaza Mont’Kiara as well as rental rate increases for some properties.
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