CLMT 1Q net profit rises to RM33.49mil on higher occupancies, positive rental reversions

KUALA LUMPUR: Capitaland Malaysia Trust's (CLMT) net profit for the first quarter ended March 31, 2024 (1Q 2024) rose to RM33.49 million from RM12.04 million a year earlier.

Revenue rose 42.5 per cent to RM111.88 million from RM78.49 million previously, the real estate investment trust said.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Subscribe 
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

CapitaLand Malaysia Trust , CLMT , Queensbay Mall , Tan Choon Siang

   

Report it to us.

Next In Business News
Falling property prices - a boon for buyers
Grey neighbourhoods: fit for the ageing
Ringgit seen holding steady against US dollar next week
Oil posts biggest weekly gains in over a year
Dow ends at record high on easing economic worries
It’s looking up for the ringgit
Finding value in rare prints
E-scooters charging up daily commutes
Chip sector in growth phase
Navigating global market landscape

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.