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KLCCP posts revenue of RM305mil in Q4


Suria KLCC will continue to leverage on its strategic location and its completed anchor-to-specialty reconfiguration.
PETALING JAYA: KLCC Property Holdings Bhd (KLCCP) reported a net loss of RM41.84mil for its fourth quarter ended Dec 31,2020, compared with a net profit of RM244.41mil in the previous corresponding period, mainly due to lower earnings from its business operations during the quarter.
Revenue in the fourth quarter dropped to RM304.71mil compared with RM364.96mil a year earlier, the company said in a filing with Bursa Malaysia yesterday.
“Overall revenue in the fourth quarter decreased slightly mainly due to the re-imposed conditional movement control order by the government effective Oct 12,2020, which included interstate travel restrictions until Dec 6,2020, ” it said. ....

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