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KLCCP Stapled Group Declares HIgher Revenue in Q2 2021

KLCCP Stapled Group Declares HIgher Revenue in Q2 2021

August 18, 2021 – KLCCP Stapled Group annuonced its final reuslts, showing momentum for the second quarter ended June 30, 2021. The Group recorded a revenue of RM280.2 million (US66.15 million), up 4.8% while profit before tax (PBT) increased 5% compared to second quarter of 2020.

The froup also declared a dividend of 7 sen per stapled security for the quarter, bringing the total to 14 sen for the first half of 2021.

The second quarter performance saw an increase from alst year’s corresponding quarter, mainly from the retail segment and improved performance of hotel in the month of April prior to the resurgence of Covid-19 cases in may and the subsequent Full Movement Control Order (FMCO) which commenced on June 1, 2021.

“We will remain focused in prioritising the overall health and safety of our people and working towards reinforcing our Standard Operating Procedures and maknig our spaces within the KLCC Precinct Covid-safe to enable our tenants, shoppers, hotel guests and the surrounding community to feel safe and secure in returning to our office buildings, retail and hotel,” Md. Shah Mahmood, CEO said.

Read more here..

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