KUALA LUMPUR, Aug 6 (Bernama) — KLCCP Stapled Group reported a revenue of RM267.2 million for the second quarter of financial year 2020, lower by 24% Year-on-Year (YoY) whilst Profit Before Tax (PBT) dropped by 30% to RM163.8 million due to the sharp decline in the performance of the hotel and retail segments, arising from the unprecedented Covid-19 pandemic and the Movement Control Order which commenced from since 18 March 2020.
For the cumulative six-month period from 1 January to 30 June 2020, the Group recorded a revenue of RM621.8 million, lower by 11.7% as compared to the first half of 2019 while PBT dropped 16.4% to RM396.1 million.
