KLCCP Stapled Q2 net profit down 22%


According to KLCC Property chief executive officer Datuk Hashim Wahir (pic), the group has been extending rental assistance to its tenants at Suria KLCC to ensure business continuity and sustainability

PETALING JAYA: KLCCP Stapled Group’s net profit in the second quarter ended June 30 fell by over 22% year-on-year (y-o-y) after the performance of its hotel and retail segments deteriorated sharply due to the movement control order (MCO).

KLCCP Stapled, which comprises KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), told Bursa Malaysia that its net profit was RM140.46mil as compared to RM180.38mil a year earlier.

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