Axis-REIT optimistic about FY24 performance


KUALA LUMPUR: Axis Real Estate Investment Trust (Axis-REIT), which posted an 84% jump in its net profit to RM110.2mil in the fourth quarter ended Dec 31, 2023 (4Q23), is optimistic about maintaining its current performance in the current financial year ending Dec 31, 2024 (FY24).

“The manager is optimistic that in view of the satisfactory performance of Axis-REIT’s existing property portfolio and its growth strategy to actively pursue quality investments, it will be able to maintain its current performance for the coming FY24,” it said in a filing with Bursa Malaysia.

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