Al-Hadharah Boustead REIT Delivers Steady Profits
KUALA LUMPUR, May 23, 2013 – Malaysia’s first Islamic plantation-based real estate investment trust (REIT), Al-Hadharah Boustead REIT (Al-Hadharah REIT) recorded a profit before tax (PBT) of RM13.9 million for its first quarter ended 31 March 2013. This was achieved on the back of a slightly improved revenue of RM17.3 million compared with RM16.9 million…