Analysts expect forward earnings growth for CLMT
According to TA Securities, CLMT achieved a 24% year-on-year (y-o-y) increase in realised net profit, reaching RM111.
According to TA Securities, CLMT achieved a 24% year-on-year (y-o-y) increase in realised net profit, reaching RM111.
The trust's revenue rose 57.
CLMT concluded its FY2023 with a set of a strong financial performances, with its net property income (NPI) surging 42.
Lui, 63, tendered his resignation due to other commitments and responsibilities, according to CLMT's bourse filing on Tuesday.
CapitaLand Malaysia said the facility marks its largest loan facility to-date and is linked to the sustainability performance targets of Queensbay Mall.
Distributable income for the quarter under review grew 29% to RM28.
In a research note, TA noted that the proposed disposal for RM52 million translates into a premium of 4% over the property’s market value, and would result in a net gain of RM400,000 for the group.
Net proceeds of RM50.
Earnings per share rose to 1.
The real estate investment trust (REIT) said it had initially expected last year's strong recovery to taper off this year considering that there were no more special Employees Provident Fund (EPF) withdrawals, and due to a higher cost of living which may dent consumers’ spending power.