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Al-Aqar Healthcare Q3 pre-tax profit increases to RM14.73 mln

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Al-Aqar Healthcare Q3 pre-tax profit increases to RM14.73 mln Empty Al-Aqar Healthcare Q3 pre-tax profit increases to RM14.73 mln

Post by Cals Wed 27 Nov 2013, 00:18

Al-Aqar Healthcare Q3 pre-tax profit increases to RM14.73 mln
Business & Markets 2013
Written by Bernama   
Tuesday, 26 November 2013 20:34
KUALA LUMPUR (Nov 26): Al-Aqar Healthcare Real Estate Investment Trust's pre-tax profit for the third quarter ended Sept 30, 2013, rose to RM14.73 million, from RM14.34 million in the same period of 2012.

Revenue increased to RM26.8 million, from RM26.62 million previously, the group said in a filing to Bursa Malaysia today.

It said the higher pre-tax profit was due to higher rental income, contributed by Bandar Baru Klang Specialist Hospital, which was acquired end of June 2012.

"This property had contributed approximately RM5.6 million, or 7.4 per cent of the rental income recorded for the period under review," it said.

Al-Aqar Healthcare said its fourth quarter's performance was expected to be satisfactory.
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