Bursa Malaysia Stock Watch
Amanah Raya REIT Q3 profit rises
kltrader
Publish date: Wed, 27 Oct 2010, 07:16 PM
kltrader
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Amanah Raya Real Estate Investment Trust's (ARREIT) pre-tax profit for the third quarter ended September 30, 2010 rose to RM10.79 million from RM7.95 million in the same quarter 2009.
Its revenue jumped to RM16.28 million from RM11.77 million previously.
In a filing with Bursa Malaysia, ARREIT said the higher revenue was due to the upward revision in rental rates for several investment properties as well as additional rental income from the two new investment properties. - Bernama
Its revenue jumped to RM16.28 million from RM11.77 million previously.
In a filing with Bursa Malaysia, ARREIT said the higher revenue was due to the upward revision in rental rates for several investment properties as well as additional rental income from the two new investment properties. - Bernama
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