High occupancy rate to support CapitaLand


Maybank IB Research expects a 22.4% earnings per unit growth in FY24 for CLMT.

PETALING JAYA: High occupancy rate, positive shopper traffic, tenant sales and rental reversion are expected to support Capitaland Malaysia Trust’s (CLMT) growth outlook in the near term.

Kenanga Research said CLMT’s first quarter of the financial year 2024 (1Q24) core net profit of RM33.5mil met both its and consensus full-year forecast at 28%.

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