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YTL REIT 2Q net profit rises to RM18.92m yoy

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YTL REIT 2Q net profit rises to RM18.92m yoy Empty YTL REIT 2Q net profit rises to RM18.92m yoy

Post by Cals Fri 21 Feb 2014, 01:37

YTL REIT 2Q net profit rises to RM18.92m yoy
Business & Markets 2014
Written by Jonathan Gan of theedgemalaysia.com
Thursday, 20 February 2014 18:59

KUALA LUMPUR (Feb 20): YTL Hospitality REIT net profit for the 2nd financial quarter rose to RM18.92 million from RM16.81 million in similar quarter a year ago.

Revenue for the quarter rose to RM114.68 million from RM57.16 million.

Total profits for the 6 months to December 2013 fell to RM33.38 million from RM39.57 million a year ago.

Cumulative revenue rose to RM217.26 million from RM85.23 million from the previous year.

The company has declared a dividend of 1.98 sen per share for the quarter.
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