CLMT hit by movement restrictions


KUALA LUMPUR: Capitaland Malaysia Trust net profit for the third quarter ended Sept 30 plunged 89.2% to RM2.82mil from RM26.23mil a year ago, dragged by the adverse effects of the re-implementation of a nationwide movement control order in June 2021.

In a filing with Bursa Malaysia, the group said the implementation of the National Recovery Plan’s phases one and two, where most restrictions were still in place, also hurt its earnings.

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CLMT , CapitaLand Malaysia Trust

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