CLMT 1Q net profit rises to RM33.49mil on higher occupancies, positive rental reversions

[ KUALA LUMPUR: Capitaland Malaysia Trust‘s (CLMT) net profit for the first quarter ended March 31, 2024 (1Q 2024) rose to RM33.49 million from RM12.04 million a year earlier. Revenue rose 42.5 per cent to RM111.88 million from RM78.49 million previously, the real estate investment trust said. In a filing with Bursa Malaysia today, CLMT … Read more

Trading ideas: SunREIT, IGB REIT, IGB Commercial REIT, CLMT, Sapura Energy, Samaiden, MFM, UZma, Avillion and Reneuco

[ KUALA LUMPUR: Recent corporate announcements could put the spotlight on SunREIT, IGB REIT, IGB Commercial REIT, CLMT, Sapura Energy, Samaiden, MFM, UZma, Avillion and Reneuco, said Apex Securities Research. Sunway Real Estate Investment Trust‘s (Sunway REIT) net property income (NPI) decreased by 7.2% to RM135.7 million for the fourth quarter ended Dec 31, 2023. … Read more