News by Kenanga Investment Research

Sunway Real Estate Investment Trust’s (REIT) nine-month of financial year 2017 (9MFY17) realised net income (RNI) of RM200.6 million came in within expectations, making up 74% of consensus and our estimates.

For the cumulative nine months ended Sept 30 of financial year 2016 (9MFY16), core net profit (CNP) of RM278 million was within expectations, while sales surprised on the upside at RM1.15 billion.