KUALA LUMPUR: IGB Real Estate Investment Trust (IGB REIT) may post a rebound in its earnings following a recovery of the economy and a low base effect from the previous year’s results.
CGS-CIMB Research said it expects IGB-REIT’s 2022 earnings per share and distribution per unit to grow 28.3% year-on-year (y-o-y) to reflect the company’s low-base, post-pandemic recovery trajectory.
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