Main> NEWS

AmFirst REIT’s net profit for 2Q up 18.85%

November 10, 2009 | Updated 8 years ago

Last Updated: May 11, 2015

KUALA LUMPUR: AmFirst Real Estate Investment Trust (AmFirst REIT) saw its net profit for the second quarter ended Sept 30, 2009 (2QFY2010), increase by 18.85% to RM10.35 million, from RM8.7 million a year earlier.

In a filing to Bursa Malaysia on Nov 10, the trust said the higher net profit was due to a reduction in the cost of borrowings. Its revenue, meanwhile, was up 7.5% to RM24.6 million in 2QFY2010, from RM22.9 million the previous year.

Its basic earnings per share improved to 2.41 sen in 2QFY2010, from 2.03 sen. It declared a dividend of 4.87 sen. On the enhancement front, the trust said it expects upgrading work at Menara Merais to be completed by the end of this month.

TOP PICKS BY EDGEPROP

Bandar Parklands

Klang, Selangor

RM 920,000

4 beds | 4 bath | 2580 sqft

KSL Residence 2 @ Kangkar Tebrau

Johor Bahru, Johor

RM 1,600

Studio | 1 bath | 480 sqft

Setia Sky 88

Johor Bahru, Johor

RM 2,500

2 beds | 1 bath | 734 sqft

KSL Residence 2 @ Kangkar Tebrau

Johor Bahru, Johor

RM 1,500

Studio | 1 bath | sqft

JP Perdana (Jaya Putra Perdana)

Johor Bahru, Johor

RM 1,900

3 beds | 2 bath | 1400 sqft

The Hills, Horizon Hills

Iskandar Puteri (Nusajaya), Johor

RM 3,500

4 beds | 5 bath | 2080 sqft

Oxford Residences @ Pavilion Embassy

Keramat, Kuala Lumpur

RM 8,500

2 beds | 3 bath | 1681 sqft

10 Stonor

KLCC, Kuala Lumpur

RM 4,300

2 beds | 2 bath | 801 sqft

10 Stonor

KLCC, Kuala Lumpur

RM 5,400

3 beds | 2 bath | 971 sqft

Oxford Residences @ Pavilion Embassy

Keramat, Kuala Lumpur

RM 8,400

3 beds | 4 bath | 1674 sqft

Oxford Residences @ Pavilion Embassy

Keramat, Kuala Lumpur

RM 7,500

3 beds | 3 bath | 1494 sqft

Jenderam Hilir

Dengkil, Selangor

RM 538,200

4 beds | 3 bath | 2090 sqft

Olak Lempit

Banting, Selangor

RM 333,000

4 beds | 2 bath | 1188 sqft

Bandar Putra Bertam

Bertam, Penang

RM 570,000

4 beds | 3 bath | 2132 sqft

Bandar Botanic

Bandar Botanic/Bandar Bukit Tinggi, Selangor

RM 1,250,000

4 beds | 3 bath | 2500 sqft

Taman Gembira

Klang, Selangor

RM 650,000

4 beds | 3 bath | 2200 sqft

Jalan Tampin-Gemas

Tampin, Negeri Sembilan

by JOSEPHINE PEA L S

RM 9,222,000

- beds | - bath | sqft

Infiniti 3

Wangsa Maju, Kuala Lumpur

RM 750,000

3 beds | 2 bath | 1518 sqft

Riana Green East

Wangsa Maju, Kuala Lumpur

RM 540,000

2 beds | 2 bath | 1088 sqft

Residensi R8

KL City, Kuala Lumpur

RM 3,289,075

3 beds | 4 bath | 2725 sqft

SPONSORED CONTENT

Izara @ Bayu Sutera – homes where luxury, nature and modernity converge

Bayu Sutera is a 216-acre freehold residential sanctuary that blends seamlessly into Bandar Sri Sendayan’s signature of sophistication and serenity. With bustling retail hubs, first-class educational institutions, relaxing parks and boundless recreational venues steps away, residents here are poised to enjoy the best of both worlds.