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RM0.014 (vs RM0.018 in 2Q 2022)

KIP Real Estate Investment Trust (KLSE:KIPREIT) Second Quarter 2023 Results

Key Financial Results

  • Revenue: RM20.2m (up 9.1% from 2Q 2022).

  • Net income: RM8.13m (down 10% from 2Q 2022).

  • Profit margin: 40% (down from 49% in 2Q 2022).

  • EPS: RM0.014 (down from RM0.018 in 2Q 2022).

earnings-and-revenue-history

earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

KIP Real Estate Investment Trust Earnings Insights

Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the REITs industry in Malaysia.

Performance of the Malaysian REITs industry.

The company’s shares are up 1.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we’ve spotted 5 warning signs for KIP Real Estate Investment Trust you should be aware of, and 2 of them don’t sit too well with us.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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