Hektar REIT net property income rises 18% in 1Q


KUALA LUMPUR: Hektar Real Estate Investment Trust’s (Hektar REIT) net property income increased 17.9% to RM16.62mil in the first quarter ended March 31 (1Q22) against RM14.09mil recorded a year prior.

Its realised income in the first quarter rose 110.7% to RM13.74mil compared with RM5.52 million in 1Q 2021.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Cautious market sentiment drags Bursa Malaysia lower
PETRONAS' unit inks land rental deal for Pahang CCS hub
SC Estate Builder signs agreement with three Firms for affordable housing in Kedah
Renewable energy use on the rise in China
Oil prices rise as US crude, fuel inventories seen shrinking
Maybank reassures systems remain secure amid alleged database leakage claims
BNP Paribas beats estimates as trading revenues jump
Asian stocks waver after tech earnings, yen at seven-week high
Deutsche Bank's profit streak ends with big lawsuit provision
Gross fixed capital formation recorded at RM314.8bil in 2023 - DoSM

Others Also Read