IGB Real Estate Investment Trust Q3 2022 Earnings: EPS: RM0.023 (vs. RM0.011 in Q3 2021)


IGB Real Estate Investment Trust (KLSE:IGBREIT) Third Quarter 2022 Results

Main financial results

  • Revenue: RM140.1 million (up 46% from Q3 2021).
  • Net profit: RM83.4 million (up 116% from Q3 2021).
  • Profit margin: 60% (compared to 40% in the 3rd quarter of 2021).
  • EPS: RM0.023 (compared to RM0.011 in Q3 2021).
KLSE: IGBREIT Earnings and Revenue Growth November 4, 2022

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

IGB Real Estate Investment Trust Earnings Overview

Going forward, revenue is expected to grow by an average of 4.0% per annum over the next 3 years, compared to a growth forecast of 5.5% for the REIT sector in Malaysia.

Performance of the Malaysian REIT industry.

The company’s stock price is broadly unchanged from a week ago.

Risk analysis

Be aware that IGB Real Estate Investment Trust displays 1 warning sign in our investment analysis that you should know…

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