KLCCP Stapled Group for the second quarter of 2024 (2Q 2024), saw growth in revenue to RM413.2 million, an increase of 4.7% driven by its retail and hotel segments whilst profit before tax (PBT) stood at RM231.5 million. Profit after tax stood at RM191 million which is higher compared to the previous year of RM180 million.
The results it said reflects the acquisition of the remaining 40% stake in Suria KLCC with an increase of 5.7% in profit attributable to equity holders (PATMI) to RM191.1 million in the quarter from RM180.8 million in 2Q 2023. In the first half of 2024 (1H 2024), the Group recorded a strong increase of 6.0% to RM822.1 million in revenue and PBT of 2.2% higher at RM483.6 million from the same period a year ago (1H 2023).
The Group declared a 9.20 sen dividend distribution per stapled security, 4.5% increase from 2Q 2023, bringing the total dividend declared to 18.20 sen for the year.
