KIP Real Estate Investment Trust reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was MYR 20.57 million compared to MYR 17.91 million a year ago. Revenue was MYR 22.37 million compared to MYR 19.35 million a year ago.

Net income was MYR 10.39 million compared to MYR 8.79 million a year ago. Basic earnings per share from continuing operations was MYR 0.0171 compared to MYR 0.0161 a year ago.