Sunway REIT Q4 profit up 52% due to retail segment


PETALING JAYA: Sunway Real Estate Investment Trust (REIT) said its fourth quarter net profit rose 52.16% to RM357.91mil from RM235.21mil in the same quarter a year ago.

Profit for the year jumped 32% to RM541.4mil, comprising realised profit of RM242mil million and unrealised profit of RM299.4mil mainly arising from fair value gain.

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Business , Sunway REIT , property , shopping

   

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