IGB’s net profit jumps to RM42.72m in Q1 2022

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KUALA LUMPUR, May 30 — IGB Bhd’s net profit for the first quarter ended March 31, 2022 (Q1 2022), jumped to RM42.72 million from a net loss of RM7.95 million recorded in the...

KUALA LUMPUR, May 30 — IGB Bhd’s net profit for the first quarter ended March 31, 2022 , jumped to RM42.72 million from a net loss of RM7.95 million recorded in the same period last year.

“For the three months, IGB Real Estate Investment Trust reported total gross revenue and net property income of RM133.8 million and RM107.7 million respectively, an increase of about 35 per cent and 73 per cent respectively,” it said in a filing with Bursa Malaysia today.

 

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