KIP Real Estate Investment Trust reported earnings results for the fourth quarter and full year ended June 30, 2023. For the fourth quarter, the company reported sales was MYR 22.39 million compared to MYR 19.22 million a year ago. Net income was MYR 33.34 million compared to MYR 48.96 million a year ago. Basic earnings per share from continuing operations was MYR 0.055 compared to MYR 0.0969 a year ago.
For the full year, sales was MYR 83.75 million compared to MYR 73.7 million a year ago. Net income was MYR 60.79 million compared to MYR 75.51 million a year ago. Basic earnings per share from continuing operations was MYR 0.1047 compared to MYR 0.1494 a year ago.