Mixed Pour For Q2 As Carlsberg Up, REITs Down, Builders Busy
Sunway REIT reported an 11 per cent drop in Q2 profit to RM 129 million, attributed to softer occupancy and rental yields across its retail and hospitality portfolio.
Additionally, MGB Berhad has accepted a Letter of Award for a RM 185 million apartment project in Medini, signalling active investment and expansion within its development pipeline.
Read full stories here: Carlsberg's Q2 Profit Rose 3.2% To RM81.9 Million Although Revenue Declined MSC Records Lower Profit For 2Q At RM13.9 Million Sunway REIT's Q2 Profit Drops 11% To RM129 Million Rhone Ma Posts Improved Q2 Profit Despite Revenue Slip MGB Accepts LOA For RM185 Million Apartment Project In Medini
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