KUALA LUMPUR, Nov 12 (Bernama) — KLCCP Stapled Group recorded a stable performance for the third quarter ended 30 September 2019, demonstrating its resilience and sustained momentum in the current challenging market landscape. The Group’s revenue grew 1.2% Year-on-Year (YoY) to RM353.5 million and Profit Before Tax (PBT) increased to RM235.2 million.
With strong growth in its distributable income, KLCCP Stapled Group proposed a distribution per Stapled Security of 8.80 sen for the quarter. This brings the distribution per stapled security to 26.40 sen for the cumulative nine months of 2019, a 1.1% increase YoY.