MQREIT net profit for first quarter falls to RM21mil


PETALING JAYA: MRCB-Quill Real Estate Investment Trust (MQREIT) registered a net profit of RM21mil for the first quarter ended March 31, 2018 (Q1FY18), a 9.3% dip from the corresponding quarter last year.

This was on the back of a revenue of RM44.3mil, a decrease of 4.9% from Q1FY17, mainly due to lower revenue generated from Platinum Sentral and Menara Shell.

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