Bursa Malaysia Stock Watch
KLCC Prop chalks up RM139.8m profit
kltrader
Publish date: Fri, 27 Aug 2010, 07:58 PM
kltrader
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KLCC Property Holdings Bhd posted a higher pre-tax profit of RM139.8 million for its first quarter ended June 30, compared to RM131 million recorded in the previous corresponding quarter.
Revenue rose to RM227 million from RM218.4 million previously.
The pre-tax profit was achieved through lower operating costs and finance cost during the period, the company said in a statement today.
It said the earnings were underpinned by long term office tenancies and a sustainable retail sector.
The company expects a satisfactory performance for the year. -- Bernama
Revenue rose to RM227 million from RM218.4 million previously.
The pre-tax profit was achieved through lower operating costs and finance cost during the period, the company said in a statement today.
It said the earnings were underpinned by long term office tenancies and a sustainable retail sector.
The company expects a satisfactory performance for the year. -- Bernama
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