KUALA LUMPUR: Sentral Real Estate Investment Trust
(Sentral REIT) shares rose in early trade today, amid lower earnings performance in the third quarter ended Sept 30, 2025 (3Q 2025).
At 9.57 am, its shares rose one sen to 79 sen, with a total of 130,300 shares traded.
In a Bursa Malaysia filing yesterday, the company’s 3Q 2025 net profit eased to RM19.69 million against RM20.50 million a year ago while revenue rose to RM48.27 million from RM47.89 million previously.
"The increase was mainly due to higher revenue generated from Menara Shell, Plaza Mont Kiara, Sentral Building 1 and Sentral Building 2 ,” it said.
Meanwhile, Hong Leong Investment Bank Bhd said DHL’s tenancy will be up for renewal in the 4Q 2025 and the lease renewal for Sentral Building 1 has been signed with a positive rental reversion.
Discussions for Sentral Building 2 are ongoing.
Hong Leong Investment Bank said it believes an agreement is likely to be reached given the long-standing relationship and the renewal of Sentral Building 1.
"Looking ahead, the management is guiding for low- to mid single-digit rental reversions but we have conservatively assumed flat to low single-digit reversions in our forecast.”
It is maintaining a "Buy” on the counter, with unchanged target price of 83 sen per share. - Bernama
