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KLCCP Stapled Group Records RM407 Million In Revenue In 1st Quarter 2025

Kuala Lumpur: KLCCP Stapled Group (Group) delivered a stable performance in the first quarter ended 31 March 2025, underpinned by steady growth in its retail segment, reflecting the Group’s resilience in a challenging market.

According to BERNAMA News Agency, the Group reported revenue of RM406.9 million and achieved a Profit Before Tax (PBT) of RM233.5 million. This marks a softer performance compared to the corresponding quarter in the previous year, primarily due to financing costs and the impact of seasonal performance in the hotel segment. Nonetheless, the Group’s profit attributable to equity holders (PATMI) saw an increase of 7.2%, reaching RM201.5 million during the quarter. This increase was largely driven by gains from the acquisition of the remaining 40% stake in Suria KLCC.

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