PETALING JAYA: Hektar Real Estate Investment Trust
(Hektar-REIT) remains optimistic about its growth prospects, supported by its enlarged and diversified property portfolio, stable rental income and resilient domestic economic conditions.
For the third quarter ended Sept 30, 2026 (3Q26), Hektar-REIT’s net profit fell 14.5% to RM3.45mil from RM4.04mil a year earlier, weighed down by higher financing costs, it said in a Bursa Malaysia filing.
Revenue rose 3.2% to RM32.05mil from RM31.06mil, while net property income (NPI) increased 3.5% to RM15.44mil from RM14.93mil.
For the nine months ended Sept 30, 2026, its net profit rose 11.4% to RM14.33mil from RM12.86mil, while revenue edged up 1.1% to RM94.99mil from RM93.98mil. NPI rose 5% to RM48.08mil from RM45.79mil, with NPI margin improving to 50.6% from 48.7%.
