Trive’s 2Q net profit jumps to RM24 mil on fair value gains

Trive Property Group Bhd’s net profit jumped to RM24.11 million in the second quarter ended Jan 31, 2023 (2QFY2023), about 18 times the RM1.36 million it made in the same period a year earlier (2QFY2022), thanks mainly to fair value gains of its investment properties that amounted to RM27.26 million.