PETALING JAYA: KLCCP Stapled Group, which consists of KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, believes the office segment continues to offer stability, supported by long-term leases and steady income.
“With a balanced portfolio and continued enhancement initiatives across retail and hospitality, the directors are of the view that the group is well-positioned to sustain performance for the remainder of the year,” it said in a filing with Bursa Malaysia.
KLCCP’s net profit for its second quarter ended June 30, 2025 rose to RM200.45mil from RM191.06mil in the previous corresponding period, underpinned by better performance from its office, retail and management services divisions.
Revenue meanwhile dipped to RM410.25mil from RM413.25mil a year earlier.
For the six-month period ending June 30, 2025, KLCCP’s net profit rose to RM401.94mil from RM379.09mil in the previous corresponding period, while revenue slipped to RM817.17mil from RM822.15mil a year earlier.
