Hektar Reit net income falls


KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar Reit)’s net profit slipped to RM10.45mil in the first quarter ended March 31 from RM11.06mil a year earlier.

It attributed the lower net income mainly to temporary vacancies at Central Square from the ongoing asset enhancement initiative and rising operating costs.

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Business , Hektar REIT

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