IGB REIT earnings up in Q4 despite weaker top line


The improved earnings was achieved on the back of IGB REIT’s lower property operating expenses in the four-month period.

PETALING JAYA: IGB Real Estate Investment Trust’s (IGB REIT) net profit rose by 2.07% year-on-year (y-o-y) to RM73.59mil in the fourth quarter ended Dec 31, 2021, despite a weaker top line.

The improved earnings was achieved on the back of IGB REIT’s lower property operating expenses in the four-month period.

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