IGB REIT told the stock exchange yesterday that its net profit fell to RM68.36mil as compared to the RM82.88mil recorded a year earlier.
PETALING JAYA: IGB Real Estate Investment Trust
(REIT) posted a 17.6% year-on-year (y-o-y) decline in its net profit for the first quarter ended March 31, after the Covid-19 pandemic and the movement control order (MCO) eroded its bottom line.
The company told the stock exchange yesterday that its net profit fell to RM68.36mil as compared to the RM82.88mil recorded a year earlier.
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