PETALING JAYA: KLCCP Stapled Group’s hotel business is feeling the heat from intense competition caused by new hotels in the Kuala Lumpur city centre, resulting in a flattish bottom line for the group in the third quarter ended Sept 30.
The earnings of KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, were recorded at RM181.41mil for the July-September 2019 period compared to RM181.43mil a year earlier.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
