Pavilion Real Estate Investment Trust announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total gross revenue of MYR 98,682,000 against MYR 91,104,000 a year ago. Rental income was MYR 83,901,000 against MYR 77,524,000 a year ago. Net property income was MYR 67,929,000 against MYR 64,228,000 a year ago. Net investment income was MYR 69,388,000 against MYR 65,594,000 a year ago. Income before taxation was MYR 55,635,000 against MYR 51,955,000 a year ago. Income after taxation was MYR 55,635,000 or 1.85 sen per basic and diluted share against MYR 51,955,000 or 1.72 sen per basic and diluted share a year ago. Total gross revenue increased was mainly contributed by rental reversion after all due tenancies have been renewed from Third Quarter 2013.

For the six months, the company reported Total gross revenue of MYR 199,890,000 against MYR 185,855,000 a year ago. Rental income was MYR 167,016,000 against MYR 155,183,000 a year ago. Net property income was MYR 136,748,000 against MYR 130,518,000 a year ago. Net investment income was MYR 139,689,000 against MYR 133,324,000 a year ago. Income before taxation was MYR 112,266,000 against MYR 106,227,000 a year ago. Income after taxation was MYR 112,266,000 or 3.73 sen per basic and diluted share against MYR 106,227,000 or 3.53 sen per basic and diluted share a year ago. Net cash from operating activities was MYR 138,112,000 against MYR 123,553,000 a year ago.