KUALA LUMPUR, Jan 31 (Bernama) —
Highlights of Quarter Four Performance
• Rebounds to a Profit Before Tax (PBT) position of RM64.0 million for the quarter ended 31 December 2021 from a loss before tax (LBT) of RM44.7 million in quarter four, 2020
• Strong top-line growth of 14.3% compared to quarter four, 2020 to RM348.2 million, with recovery in retail and hotel segments
• Retail segment sees PBT accelerate by 34.4% on the back of increased revenue of 21.7%, spurred by reopening of economy and year-end festive season
• Hotel segment turns around with strong revenue growth to close the quarter atRM23.0 million
• Distribution of 12.60 sen per stapled security, amounting to a total of 33.60 sen per stapled security for 2021
Quarter Four, 2021 vs Quarter Four, 2020 Performance
KLCCP Stapled Group finished the year with its best performance for the quarter which saw the Group’s retail and hotel segments rebound, following the transition to Phase 3 and subsequently Phase 4 of the National Recovery Plan in October 2021. The Group posted revenues of RM348.2 million, higher by 14.3% and PBT rose to RM64.0 million compared to a loss of RM44.7 million in the corresponding quarter of 2020.