- KLCCP's office division was the largest revenue contributor in the quarter with RM146.26 million, while its PBT inched up 0.42% to RM120.9 million.
KUALA LUMPUR (Nov 20): KLCCP Stapled Group (KL:KLCC) on Thursday reported a marginal rise in net profit for the third quarter, supported by a higher contribution from its management services segment.
The net profit for the three months ended Sept 30, 2025 (3QFY2025) rose 1.26% to RM209.13 million from RM206.53 million a year earlier, according to the group’s bourse filing. Earnings per share increased to 11.58 sen from 11.44 sen.
Quarterly revenue was flat at RM429.7 million compared to RM429.62 million previously.
The group—comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust—declared a third interim dividend of 9.5 sen per stapled security, higher than the 9.2 sen paid a year earlier. The dividend will be paid on Dec 30.
This brings the group's total dividend payout so far for FY2025 to 27.9 sen per stapled security—up from 27.4 sen in the same period last year.
KLCCP's management services segment—comprising facilities management and car parking management services—recorded a revenue of RM102.8 million in 3QFY2025, up 5.23% from RM97.72 million a year ago, as profit before tax (PBT) rose 7.62% to RM22.2 million from RM20.63 million.
The group said the gains recorded in the management services segment were supported by consistent, planned maintenance services and higher car park income.
KLCCP's office division was the largest revenue contributor in the quarter with RM146.26 million, while its PBT inched up 0.42% to RM120.9 million.
The retail segment posted a quarterly revenue of RM141.89 million, down 1.88% from a year earlier. The segment’s PBT eased 0.29% to RM113.87 million.
The hotel operations segment recorded a revenue of RM59.76 million in 3QFY2025, down 5.6% from a year earlier. Its PBT fell marginally by 1.35% to RM6.05 million, cushioned by the high occupancy from group demand and robust activity from marketing, incentives, conventions and exhibition (MICE) events.
For the first nine months of FY2025, KLCCP's net profit grew 4.34% to RM611.07 million, from RM585.62 million in the same period last year, while revenue was flat at RM1.25 billion.
KLCCP chief executive officer Datuk Mohd Salem Kailany said he remains confident in the group’s performance for the final quarter despite the challenges posed by the external environment.
"Our strong portfolio, anchored by the stable performance of the office segment and reinforced by the resilience of our retail and hospitality businesses, continues to provide a solid footing that positions us well to deliver long-term value to our shareholders,” he said.
KLCCP Stapled Group manages landmark assets such as Petronas Twin Towers, Menara ExxonMobil, Menara 3 Petronas, Suria KLCC and Mandarin Oriental Kuala Lumpur.
KLCCP units ended two sen or 0.23% higher at RM8.90 on Thursday, valuing the group at RM16.07 billion.
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