PETALING JAYA: Axis REIT Managers Bhd saw its net profit rise 9.4% to
RM40.1mil in the third quarter
ended Sept 30 from RM36.7mil a year earlier on
revaluation gains.
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Consequently, the industrial and office-based trust’s earnings per share rose
to 8.65 sen from eight sen previously, despite registering a decline in revenue
of 6.2% to RM33.12mil from RM35.31mil.
In a filing with Bursa Malaysia, it said it had proposed the third interim
income distribution of five sen per unit, which would include a non-taxable
portion of approximately 0.84 sen per unit derived from the utilisation of gain
on disposal of Axis Plaza, capital allowances and tax exempt profit income.
For more information on Building and Construction
event, please visit www.asiapacificevents.com .
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