KUALA LUMPUR (Nov 3): QUILL CAPITA TRUST [] earnings rose nearly 1.4% to RM9.39 million for the period ended Sept 30, 2011 from RM8.68 million a year ago, due to rental rates of certain PROPERTIES [].
It said on Thursday revenues increased 8.2% to RM17.63 million from RM17.39 million. Earnings per share were 2.41 sen compared to 2.22 sen.
Quill Capita said that the increase in profits were due to increases in rental rates of certain properties as well as lower property operating expenses.
For the first nine months ended Sept 30, 2011, profit rose 1.6% to RM26.25 million from RM24.45 million a year ago. Revenue rose 7.3% to RM52.76 million from RM51.93 million.
It said on Thursday revenues increased 8.2% to RM17.63 million from RM17.39 million. Earnings per share were 2.41 sen compared to 2.22 sen.
Quill Capita said that the increase in profits were due to increases in rental rates of certain properties as well as lower property operating expenses.
For the first nine months ended Sept 30, 2011, profit rose 1.6% to RM26.25 million from RM24.45 million a year ago. Revenue rose 7.3% to RM52.76 million from RM51.93 million.
