KUALA LUMPUR: KIP Real Estate Investment Trust( KIP REIT) reported a lower net profit of RM8. 37mil in its first quarter ended Sept 30, 2021, compared with RM8. 85mil in the previous corresponding period.In a filing with Bursa Malaysia yesterday, it said revenue in the first quarter was lower at RM17. 14mil compared with RM18. 23mil a year earlier.“ The decrease in revenue was mainly due to lower promotional area income on the back of restrictions on activities or events in malls, ” it said.It a
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2021-10-21 00:00:00.0