KLCCP Stapled Group Q1 net profit rose to RM204.20mil, declares 9.30 sen dividend

KUALA LUMPUR: KLCCP Stapled Group’s net profit increased to RM204.20 million in the first quarter of financial year ending Dec 31, 2026 (Q1 FY2026) from RM201.48 million a year ago.

Revenue rose to RM411.78 million from RM406.91 million previously, representing a 1.2 per cent increase, driven by steady growth across all business segments.

In a Bursa Malaysia filing today, the property investment and development company, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust, said the operating landscape is expected to remain challenging.

“Nevertheless, the group is confident in its long-term growth prospects, supported by the strength of its integrated ecosystem and resilient portfolio fundamentals,” it said.

It said the group is well-positioned to capture future growth opportunities through the continued expansion of its retail and hotel offerings and management services segment.

“The active line-up of activations within the precinct is expected to enhance vibrancy further and reinforce KLCC precinct’s position as a premier destination for business, leisure and major events,” it said.

Chief executive officer Datuk Mohd Salem Kailany said the group’s Q1 performance sets an encouraging tone for the year and reflects its continued commitment to operational excellence across its businesses.

“While we remain mindful of the ongoing challenges and uncertainties, we will continue to focus on maximising the performance of our core cash-generating assets to sustain stable and recurring cash flows.

“Alongside this, we remain committed to cost discipline and value creation across the portfolio, while advancing our energy efficiency initiatives as part of our long-term sustainability journey,” he said.

The group declared a dividend of 9.30 sen per stapled security for the quarter.

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المصدر: New Straits Times