KUALA LUMPUR, Aug 15 (Bernama) — KLCCP Stapled Group posted higher quarterly revenue of RM394.6 million for the second quarter 2023 (2Q 2023) driven by improved performance across all business segments buoyed by the upswing in business and Meetings, Incentives, Convention and Exhibition (MICE) activities. The Group’s performance saw steady momentum and remained resilient, marking significant growth in the hospitality and management services segments with an overall 12.7% increase from RM350.3 million in quarter two, 2022.
Profit Before Tax (PBT) rose 7.8% to RM236.4 million, reflecting the efforts of the Group’s curated marketing promotions and initiatives in driving stronger customer experience and footfall. The Group declared a dividend of 8.80 sen per stapled security, 10.0% higher from quarter two, 2022, bringing the total to 17.30 sen for the first half 2023.
