CapitaLand Malaysia posts lower net profit to RM37mil


CapitaLand Malaysia Mall Reit Management Sdn Bhd CEO Low Peck Chen, CMMT

PETALING JAYA: CapitaLand Malaysia Mall Trust (CMMT) registered a 7.4% dip in net profit to RM37.25mil for the first quarter ended March 31 compared with the previous corresponding period.

This was on the back of a 2.9% lower revenue of RM89.7mil for the quarter under review, mainly due to lower rental rates and occupancy.

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