UOA REIT Q4 profit tumbles 40%


PETALING JAYA: UOA Real Estate Investment Trust (REIT) saw its net profit fall 40% to RM8.98mil in the fourth quarter ended Dec 31, 2017, from RM14.94mil in the corresponding quarter in the preceding year on lower income.

During the quarter in review, UOA REIT’s total income fell 2.5% to RM20.7mil from RM21.24mil in the previous corresponding quarter.

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