Pavilion REIT posts 3-fold increase in 3Q earnings


KUALA LUMPUR: Pavilion Real Estate Investment Trust’s (Pavilion REIT) net profit surged 205.7% to RM61.2mil in the third quarter ended Sept 30 from RM20mil a year ago.

In a filing to Bursa Malaysia today, Pavilion REIT announced total gross revenue of RM143.6mil, up 26.7% as compared to the same quarter in the preceding year of RM113.3mil.

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