KIP Real Estate Investment Trust reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was MYR 20.95 million compared to MYR 18.63 million a year ago. Revenue was MYR 22.61 million compared to MYR 20.19 million a year ago. Net income was MYR 10.65 million compared to MYR 8.13 million a year ago. Basic earnings per share from continuing operations was MYR 0.0172 compared to MYR 0.014 a year ago.
For the six months, sales was MYR 41.52 million compared to MYR 36.54 million a year ago. Revenue was MYR 44.97 million compared to MYR 39.54 million a year ago. Net income was MYR 21.04 million compared to MYR 16.92 million a year ago. Basic earnings per share from continuing operations was MYR 0.0346 compared to MYR 0.03 a year ago.