Sunway

Sunway REIT registers Q2 net profit of RM72.19m

PETALING JAYA: Sunway REIT’s net profit decreased to RM72.19 million in the second quarter ended June 30, 2023 (Q2’23) compared with RM74.51 million in the corresponding quarter in the previous year, due to higher finance costs from the overnight policy rate increases in 2022 and May 2023. Revenue rose to RM166.53 million compared with RM144.51 million in the same quarter last year, primarily...

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