Pavilion-REIT announced in a filing with Bursa Malaysia a net profit of RM54.98mil in the second quarter ended June 30, 2022, more than double its earnings in the same quarter last year, as it sees a resurgence of rental revenue and advertising following the reopening of the economy.
KUALA LUMPUR: Pavilion Real Estate Investment Trust
’s (Pavilion-REIT) earnings is tracking better conditions in the retail industry as economic conditions improve and movement restrictions continue to ease.
Pavilion-REIT announced in a filing with Bursa Malaysia a net profit of RM54.98mil in the second quarter ended June 30, 2022, more than double its earnings in the same quarter last year, as it sees a resurgence of rental revenue and advertising following the reopening of the economy.
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