SunREIT posts higher profit


Meanwhile, Malaysian REIT Managers Association chairman Datuk Jeffrey Ng also noted the trend for such co-working spaces, which he said has created

PETALING JAYA: Sunway Real Estate Investment Trust (SunREIT) has posted a net profit of RM207.11mil for its fourth quarter ended June 30, making a full financial year 2018 net profit of RM427.69mil.

This represents an increase of 0.8% as compared to the previous financial year, mainly due to higher net property income but partially offset by higher finance costs.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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 , financial results , Reit , property , shares ,

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read