- Financial Highlights
- Annual Audited Financial Statements
- Quarterly Earnings
- Segmental Performance
- Financial Ratio


Financial Highlights
Statement of Profit or Loss and Other Comprehensive Income - Key Data & Financal Ratios
Gross Revenue (RM mil)
Net Property Income (RM mil)
Income Available for Distribution
(realised) (RM mil)
Earnings per Unit (realised) (sen)
Distribution per Unit (DPU) (sen)
Distribution Yield (%)
Statement of Profit or Loss and Other
Comprehensive Income - Key Data & Financal Ratios USD
Gross Revenue (USD mil)
Net Property Income (USD mil)
Income Available for Distribution
(realised) (USD mil)
Earning per Unit (realised) (cents)
Distribution per Unit (DPU) (cents)
Distribution Yield (%)
FY2022 Revenue and Net Property Income comprise income distributed of 4.22 sen per unit and proposed final income distribution of 5.00 sen per unit.
FY2022 Distribution Yield is based on DPU of 9.22 sen divided by the closing unit price as at 31 December 2022 of RM1.46.


Annual Audited Financial Statements
For the Financial Period ended 31 December 2022
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Comprehensive Income
-
Financial Position
-
Cash Flow
Comprehensive Income

Financial Position

Cash Flow



Quarterly Earnings
For the First Quarter Ended 30 June 2023
-
Comprehensive Income
-
Financial Position
-
Cash Flow
Comprehensive Income

Financial Position

Cash Flow



Segmental Performance
REVENUE CONTRIBUTION BY SEGMENT (FY2022)

Portfolio by Revenue (FY2022)
RM 639.4 million
NET PROPERTY INCOME CONTRIBUTION BY SEGMENT (FY2022)

Portfolio by Net Property Income (FY2022)
RM 488.3 million


Financial Ratio
Based on Closing Price on 22nd September 2023
Closing Price (RM)
1.46
52-Week High (RM)
1.59
52-Week Low (RM)
1.30
NAV Premium1,3 (%)
-0.59
Distribution Yield2,3(%)
6.32
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Fundamentals
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Growth
-
Profitability
-
Debt
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Performance Benchmark
Fundamental Ratio | FY2022 | FP2021 | FY2020 | FY2019 | FY2018 |
Earnings Per Unit (EPU) (Realised)(sen) |
9.58 | 6.68 | 7.76 | 9.59 | 9.57 |
Distribution Per Unit (DPU) (sen) |
9.22 | 6.10 | 7.33 | 9.59 | 9.57 |
Net Asset Value (NAV) Per Unit (Before Income Distribution) (RM) |
1.5149 | 1.4966 | 1.5042 | 1.5133 | 1.4781 |
Net Asset Value (NAV) Per Unit (After Income Distribution) (RM) |
1.4649 | 1.4686 | 1.4804 | 1.4905 | 1.4566 |
Growth Ratio | FY2022 | FP2021 | FY2020 | FY2019 | FY2018 |
Revenue Growth (%) |
-3.6 | 21.3 | -4.0 | 3.5 | 7.2 |
Net Property Income Growth (%) |
9.4 | 9.7 | -5.2 | 4.7 | 8.0 |
Profit Before Tax (PBT) Growth (%) |
71.0 | -6.1 | -47.4 | -8.0 | 1.0 |
Net Profit Growth (%) |
65.5 | -6.1 | -46.1 | -9.7 | 0.8 |
Realised Profit Growth (%) |
38.2 | 1.4 | -13.3 | 1.6 | 4.2 |
DPU Growth (%) |
51.1 | -16.8 | -23.6 | 0.2 | 4.1 |
Profitability Ratio | FY2022 | FP2021 | FY2020 | FY2019 | FY2018 |
Net Property Income (NPI) Margin (%) |
76.8 | 67.7 | 74.8 | 75.8 | 74.9 |
Return on Assets (ROA)(%) |
3.44 | 2.14 | 2.46 | 4.74 | 5.68 |
Return on Equity (ROE)(%) |
5.85 | 3.58 | 4.37 | 8.06 | 9.82 |
Debt Ratio | FY2022 | FP2021 | FY2020 | FY2019 | FY2018 |
Average Cost of Debt (%) | 2.98 | 2.79 | 3.66 | 4.02 | 3.98 |
Interest Service Cover Ratio (times) | 4.5 | 2.8 | 3.1 | 3.4 | 3.7 |
Gearing Ratio (%) |
37.6 | 37.2 | 40.7 | 37.9 | 38.6 |
Fixed : Floating Debt | 31 : 69 | 38 : 62 | 43 : 57 | 45 : 55 | 40 : 60 |
Performance Benchmark Ratio | FY2022 | FP2021 | FY2020 | FY2019 | FY2018 |
Management Expense Ratio (%) | 0.88 | 0.74 | 0.86 | 0.86 | 0.89 |
Average Total Return (%) |
1.3 | 1.8 | 6.5 | 10.8 | 8.5 |
Unit Price Movement (%) |
3.5 | -13 | -13.4 | 5.6 | (0.6) |
Distribution Yield (%) |
6.3 | 2.9 | 4.5 | 5.1 | 5.4 |
Annual Total Return (%) |
9.8 | -10.1 | -8.9 | 10.7 | 4.8 |
Notes:
- Based on FY2022 NAV per unit (after income distribution)
- Based on FY2022 distribution per unit
- Based on closing price - 22nd September 2023
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