FROM DATUK DR KULJIT SINGH
will focus on continuously refining its tenant mix and elevating marketing efforts, after revising its retail sales growth for the second quarter of the year downwards to 3.6% year-on-year .
Pavilion REIT posted a net profit of RM67.1mil for its second financial quarter ended June 30, a 6.7% y-o-y growth, driven by a 25.8% jump in revenue to RM201.3mil. It attributed the strong quarterly and YTD results to income from its new property, Pavilion Bukit Jalil which was acquired on June 1, 2023, as well as income from Pavilion Kuala Lumpur Mall.Tenaga Nasional BhdThis was mitigated by an elevated management fee, which was in line with the increase in total asset value and net property income.
Pavilion REIT Pavilion Kuala Lumpur Mall
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