KUALA LUMPUR, Oct 30 (Bernama) -- IGB Real Estate Investment Trust (IGB REIT) posted a higher net profit of RM144.15 million for the third quarter ended Sept 30, 2026 (3Q 2026), from RM95.62 million in the corresponding quarter last year.
IGB REIT's 3Q Net Profit Rises To RM144.15 Mln
IGB REIT, result, Mid Valley, malls, corporate
Key takeaways
IGB REIT reported a third-quarter net profit of RM144.15 million, up from RM95.62 million in the same period last year. The company attributed this growth to increased income from Mid Valley Southkey Mall and higher rental yields at its other major properties.
- Net profit for the nine months ended September 2026 reached RM446.23 million, up from RM294.70 million previously.
- Revenue grew to RM751.62 million for the nine-month period, compared to RM496.72 million in the prior year.
- Management cited high occupancy rates and strong tenant demand as key factors supporting the portfolio's resilience.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗
Related reporting
4 stories on this topic from 3 sources, oldest first.
- New Straits Times Bursa Malaysia's Q3 net profit rises 10pct to RM70.21mil
- New Straits Times CTOS Q3 net profit rises 11.5pct to RM27.54mil
- Bernama IGB REIT's 3Q Net Profit Rises To RM144.15 Mln (this story)