KLCCP Stapled Group Distributes 98% Of Distributable Income For FY2020

KUALA LUMPUR, Jan 27 (Bernama) —

Highlights of FY2020

• Recorded a revenue of RM1.2 billion for the financial year ended 31 December 2020 amidst the impact of the COVID-19 pandemic with mandatory closures and movement restrictions, particularly on the retail and hotel segments

• Achieved Profit Before Tax (PBT) of RM772.0 million (excluding fair value adjustments and impairment), a decline of 19.1% mainly from the pandemic impact and support accorded to retail tenants 

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