PETALING JAYA: Capitaland Malaysia Trust
posted a higher net profit of RM34.69mil for the third quarter ended Sept 30, 2025, compared to the RM30.23mil achieved in the same quarter last year.
Its revenue for the quarter under review was also higher at RM116.04mil compared to RM109.24mil last year.
In a filing with Bursa Malaysia, the real estate company said the improved performance was due to higher revenue from most of its properties within its portfolio, as a result of positive rental reversions, rental step-up and the commencement of rental income recognition from Glenmarie Distribution Centre.
Moving forward, the company will continue to adopt a proactive and targeted asset management approach to strengthen portfolio performance.
It also expects its newly acquired properties – Senai Airport City Facilities, Synergy Logistics Hub and Iskandar Puteri Facilities to contribute positively to full quarter results and from the first quarter of 2026 onwards.
