The group closed the year with a strong performance after recovering from a beleaguered 2021 due to the global pandemic, the REIT manager saw its financial year 2022 which closed in December record revenue growth of 26% to RM1.5 billion while profit before tax jumped 80% to RM1 billion.
The fair value gain arising from the valuation of investment properties amounting to RM128.7 million compared to a loss of RM144.5 million last year has also contributed to the PBT.
As for Q4, KLCCP recorded revenue of RM413.3 million and PBT of RM359.6 million from RM60 million the previous year. In view of the stellar performance, the group distributed 14 sen per stapled security for the quarter totaling to 38 sen for 2022 which also translates to a 5.66% dividend yield.
