26-05-2025
KLCCP Stapled Group Records RM407 Million In Revenue In 1st Quarter 2025
KUALA LUMPUR, May 26 (Bernama) -- KLCCP Stapled Group (Group) delivered a stable performance in the first quarter ended 31 March 2025, underpinned by steady growth in its retail segment, reflecting the Group's resilience in a challenging market.
The Group reported revenue of RM406.9 million and achieved a Profit Before Tax (PBT) of RM233.5 million, reflecting a softer performance compared to the corresponding quarter in the previous year, primarily due to financing costs and the impact of seasonal performance in the hotel segment. The Group's profit attributable to equity holders (PATMI) saw an increase of 7.2%, to RM201.5 million during the quarter, reflecting gains from the acquisition of the 40% remaining stake in Suria KLCC.
