MRCB-Quill REIT Q1 net profit down 7.6%
MRCB-Quill REIT, in a filing with Bursa Malaysia, said this was despite lower property operating expenses and trust expenses incurred during the period.
PETALING JAYA: The net profit of MRCB-Quill REIT 
(MQREIT) slipped 7.6% to RM19.4mil in the first quarter, on the back of lower revenue generated from selected properties.
The company, in a filing with Bursa Malaysia, said this was despite lower property operating expenses and trust expenses incurred during the period.
In line with the lower net profit, MQREIT recorded a realised earnings per unit (EPU) of 1.81 sen, which is 7.9% lower than the EPU of 1.97 sen recorded during the same period last year.
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