Atrium REIT posts higher Q4 net profit


Revenue for the quarter under review was 173.% higher year-on-year at RM9.64mil, mainly due to rental income from Atrium Bayan Lepas 1 (ABL1) which started in October 2020, as well as lower finance costs and administrative expenses..

PETALING JAYA: Atrium REIT has posted a net profit of RM5.85mil for its fourth quarter ended Dec 31,2020 compared with a RM3.1mil net loss a year ago.

Revenue for the quarter under review was 173.% higher year-on-year at RM9.64mil, mainly due to rental income from Atrium Bayan Lepas 1 (ABL1) which started in October 2020, as well as lower finance costs and administrative expenses.

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