KUALA LUMPUR: MRCB-Quill Real Estate Investment Trust (MQREIT) posted a net income of RM21.48mil in the third quarter ended Sept 30, 2020, an increase of 21.77% year-on-year due to higher revenue contribution from certain properties, lower net operating expenses and finance cost.
Revenue for the quarter under review was RM41.71mil, which was higher than RM39.46mil in the year-ago quarter.
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