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OTHERS News Release Sentral REIT's 1Q 2024 Realised Net Income Increased by 12.6% to RM19.9 million on the Back of Higher Revenue

SENTRAL REIT

Type Announcement
Subject OTHERS
Description
News Release
Sentral REIT's 1Q 2024 Realised Net Income Increased by 12.6% to RM19.9 million on the Back of Higher Revenue

Kuala Lumpur, 8 May 2024: Sentral REIT Management Sdn Bhd (“SRM”), the manager of Sentral REIT (“SENTRAL”), a listed real estate investment trust, wishes to announce that SENTRAL achieved a realised net income of RM19.9 million for the first quarter of 2024 (“1Q 2024”). This is an increase of approximately 12.6% from the realised net income of RM17.77 million recorded for the first quarter of 2023 (“1Q 2023”). The higher realised income for the quarter was mainly due to higher realised revenue from Sentral Building 4, Platinum Sentral and Sentral Building 3 – BMW as well as revenue contribution from Menara CelcomDigi for the full quarter, net of higher property expenses and finance cost.

 

Please refer to the attachment for full news release.




Please refer attachment below.



Announcement Info

Company Name SENTRAL REIT
Stock Name SENTRAL
Date Announced 08 May 2024
Category General Announcement for PLC
Reference Number GA1-08052024-00021



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