The property investment segment recorded a 4.9% year-on-year fall in nine-month revenue due to changes in its tenant mix, while pre-tax losses widened to RM1.8mil in the same period as operating costs rose.
The research house’s estimates for 2015 till 2017 are lowered by between 23% and 33% to roll back sales and billing recognitions even further to account for current market conditions.
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