KLCCP Stapled Group expects ‘better’ financials in 2023 despite rising costs pressure
The group recorded a net profit of RM782.
The group recorded a net profit of RM782.
Moving forward, KLCCP Stapled expects the healthy economic recovery to continue into 2023, supported by the stability of the office segment and the strong footing of its retail and hospitality segments.
The group's largest contributor, the office segment, logged a marginal 0.
The group said in a Bursa Malaysia filing on Tuesday (Aug 9) that the improved year-on-year performance was mainly due to a better performance of its retail segment, driven by lower rental assistance and higher advertising income.
KUALA LUMPUR (May 25): KLCCP Stapled Group reported a net profit of RM161.
KUALA LUMPUR (April 12): Petroliam Nasional Bhd (Petronas)-controlled real estate entity KLCCP Stapled Group hopes 2022 will be a better year for the property group, although business is unlikely to return to pre-Covid-19 levels during the year as business recovery from movement restrictions will take time, according to chief executive officer Md Shah Mahmood.
KUALA LUMPUR (Nov 8): KLCCP Stapled Group’s net profit for the third quarter ended Sept 30, 2021 (3QFY21) declined by 13.
It wasn’t at the best of times, but that was when opportunity came knocking.
What has the oil and gas (O&G) industry got to do with the property industry? Because that is what the newly-minted CEO of KLCCP Stapled Group Md.
KUALA LUMPUR (Aug 5): UMNO vice-president Datuk Seri Mohamed Khaled Nordin (pictured) will resign as Boustead Holdings chairman effective today.