KLCC REIT returns to the black in 4Q


KUALA LUMPUR: KLCC Real Estate Investment Trust (Reit) swung to a net profit of RM70.32mil in the fourth quarter ended Dec 31, 2021 (4Q21), from a net loss of RM41.83mil.

Its revenue during the quarter stood at RM348.17mil, up 14.3% from RM304.7mil a year ago.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
KLCCP , KLCC Reit

Next In Business News

When cheap homes cost more
One property, 10 listings
Rental scams running rampant
China to crack down on 'illegal' cross-border securities
Naturally made for families
Europe stocks lose sparkle
BANK’S PICKLEBALL CHAMPIONSHIP PROMISES WHOLESOME EXPERIENCE
Grad squeeze hurts economy
Tapping China’s niche consumer trend
Bubble fears as valuations stretch

Others Also Read