Pavilion REIT’s 4Q net property income up 39%, pays 4.6 sen DPU
Quarterly revenue increased 47.
Quarterly revenue increased 47.
Quarterly revenue edged up by 6.
The improvement in gross revenue was also due to the impact of revenue straight-lining over the lease term under requirements of Malaysian Financial Reporting Standard 16 Leases, said Sentral REIT in a bourse filing.
Quarterly revenue, however, increased by 20.
On a quarterly basis, the group’s net profit came in higher from RM4.
Earnings per share came in higher at 8.
The board has declared a final dividend of two sen per share in 4Q2023, bringing total dividends declared for FY2023 to six sen per share.
EcoWorld International achieved RM1.
The segment's operating profit grew to RM45.
The group’s property development segment’s revenue increased 42% to RM463.