Quill Capita Trust reports 19.8pc rise in net profit

QUILL Capita Trust, a commercial real estate investment trust, reported a 19.8 per cent increase in net profit for the second quarter ended June 30 2009, with income contribution from 10 assets compared with 9 previously.

It posted RM8.09 milion in net profit for the quarter from RM6.75 million a year ago.

Revenue rose 21.1 per cent to RM16.67 million from RM13.69 million in the second quarter of 2008.

QCT will distribute 3.78 sen per unit for the six months period, up 12.5 per cent from last year.

By Business Times