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PETALING JAYA: IGB Real Estate Investment Trust’s (IGB REIT) net profit halved to RM38.54mil in the third quarter (Q3) ended Sept 30, 2021 from RM76.84mil a year earlier.
Mall operators, Covid-19, logistics sector, taxes, automotive sector and LBS Bina are among the top read stories
THE Covid-19 pandemic has drastically changed the way a lot of industries have had to conduct their business, with the retail sector being no exception.
HIT again with lockdowns from this new Covid-19 variant, the retail, hotel and travel sectors are struggling to sustain.
IT’S BEEN a tough start to the year for the local property market, as the country continues to battle the Covid-19 pandemic.
WITH unending lockdowns amid surging Covid-19 infections, the pace of vaccinations needs to be speeded up and the spread of Covid-19 better controlled.
PETALING JAYA: IGB Real Estate Investment Trust (REIT) saw its net profit for the first quarter ended March 31,2021 fall by some 36% year-on-year (y-o-y) due to the continued effects of the Covid-19 pandemic