PETALING JAYA: The net profit of Pavilion Real Estate Investment Trust (REIT) more than double in the second quarter (Q2) ended June 31, driven by lower operating expenses on a year-on-year (y-o-y) basis.
Pavilion REIT said in a filing with the stock exchange yesterday that its net profit leapt to RM20.41mil as compared to RM9.99mil in the same quarter last year.
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