Sunway REIT Q2 net profit 13% up


PETALING JAYA: Sunway Real Estate Investment Trust’s (Sunway REIT) net profit rose 13% to RM51.52mil in the second quarter ended Dec 31, 2015 from RM63.26mil previously.

In a filing to Bursa, it said that gross revenue grew 15.7% to RM131.9mil largely contributed by better performance from the retail and hotel segments, however offset by lower income contribution from the office segment.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , Sunway Reit , property

   

Next In Business News

Arka shares jump 10% to one-year high
FBM KLCI starts week strong on rate cut hopes, Q1 GDP boost
Trading ideas: Maxis, ITMAX, PIE, MFM, PPB Group, Epicon, NationGate, GIIB
S&P profit recovery revs up on Big Tech and strong consumer run
S P Setia poised for record-breaking earnings
InvestSarawak, Marubeni ink MoU for commercial-scale aviation fuel
VW, Renault end talks to develop affordable EV
Bearish CPO fundamentals likely to persist
Texas braces for more summer electricity alerts
Global stock markets on record-hitting spree

Others Also Read