KUALA LUMPUR: Axis Real Estate Investment Trust's (Axis REIT) pre-tax profit for the year ended Dec 31, 2007 increased to RM68.6mil from RM43.2mil the previous year. Revenue increased to RM46.83mil from RM41mil previously. In the fourth quarter, pre-tax profit rose to RM18.6mil from RM14.8mil in the previous corresponding quarter, while revenue rose to RM13.01mil from RM10.81mil previously. With the completion of three new properties in the fourth quarter, the total investment portfolio has grown to 14 properties compared with nine properties in 2006, it said.
(8-1-2008 The Star)
No comments:
Post a Comment