KIP Real Estate Investment Trust reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was MYR 20.24 million compared to MYR 16.56 million a year ago. Revenue was MYR 21.82 million compared to MYR 18.83 million a year ago. Net income was MYR 10.53 million compared to MYR 9.13 million a year ago. Basic earnings per share from continuing operations was MYR 0.0178 compared to MYR 0.0181 a year ago.
For the nine months, sales was MYR 56.77 million compared to MYR 48.25 million a year ago. Revenue was MYR 61.36 million compared to MYR 54.48 million a year ago. Net income was MYR 27.45 million compared to MYR 26.55 million a year ago. Basic earnings per share from continuing operations was MYR 0.048 compared to MYR 0.0525 a year ago.