KUALA LUMPUR, Nov 26 (Bernama) — KLCCP Stapled Group (the Group) charted a steady performance in the third quarter of 2024 (Q3 2024) as revenue increased by 7.1% to RM429.6 million from RM401.2 million in the same quarter in 2023 (Q3 2023), underpinned by the solid contribution from the hotel and retail segments. Profit Before Tax (PBT) for the quarter stood at RM241.4 million amidst the acquisition financing cost of the remaining 40% stake in Suria KLCC. The Group also saw higher Profit Attributable to Equity Holders (PATMI) by 11.4% to RM206.5 million from RM185.3 million in Q3 2023.
For the cumulative nine months, the Group recorded PBT of RM725.0 million on the back of a 6.4% increase in revenue of RM1.3 billion. PATMI also increased from RM546.7 million to RM585.6 million for the same corresponding period.
