{"id":402,"date":"2025-11-25T16:46:55","date_gmt":"2025-11-25T08:46:55","guid":{"rendered":"https:\/\/harizfatah.com\/work\/klccgroupintranet\/?post_type=media-clipping&#038;p=402"},"modified":"2025-12-17T16:47:58","modified_gmt":"2025-12-17T08:47:58","slug":"klccp-stapled-group-delivers-resilient-performance-with-revenue-hitting-rm430-million-in-quarter-3-2025","status":"publish","type":"media-clipping","link":"https:\/\/harizfatah.com\/work\/klccgroupintranet\/media-clipping\/klccp-stapled-group-delivers-resilient-performance-with-revenue-hitting-rm430-million-in-quarter-3-2025\/","title":{"rendered":"KLCCP Stapled Group Delivers Resilient Performance With Revenue Hitting RM430 Million In Quarter 3, 2025"},"content":{"rendered":"<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">KUALA LUMPUR, Nov 21 (Bernama) &#8212;\u00a0KLCCP Stapled Group (the Group) announced its financial results for the third quarter ended 30 September 2025 on 20 November 2025.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">Following a steady\u00a0performance for the first half of the year,\u00a0the Group delivered another resilient and stable performance for the third quarter, ended 30 September 2025, recording a revenue of RM429.7 million. Profit Before Tax (PBT) stood at RM244.6 million, compared to RM241.4 million in the same quarter last year.\u00a0 This consistent result is attributed to the stable performance of the office, retail and hotel segments supported by the strong performance of the management services segment.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">In line with the consistent performance for the quarter, the Group declared a dividend of 9.50 sen per stapled security, representing an increase of 3.3% compared to the same quarter last year.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">Stable performance across business segments<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">In the current quarter, the retail segment represented by Suria KLCC and the retail podium of Menara 3 PETRONAS continued to demonstrate resilience, recording revenue of RM141.9 million and PBT of RM113.9 million. This performance, despite a slight dip compared to the same quarter last year, was driven by robust initiatives to attract new tenants to strengthen the retail mix, alongside well-curated experiential activations that elevate shoppers\u2019 experience.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">New tenants onboard include couture outlet, RR by Rizman Ruzaini, footwear retailers, Vans, Dr. Martens, Timberland, and Salomon (Malaysia\u2019s first store with an open boutique concept). Joining the mix is Jungle House, Malaysia\u2019s leading pure honey brand.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">The quarter also saw Suria KLCC\u2019s hosting the Kuala Lumpur Fashion Week (KLFW) 2025 for the second year.\u00a0 The event brought together over 50 Malaysia&#8217;s finest designers and brands, celebrating Malaysian identity and innovation on the nation&#8217;s most prestigious fashion platform.<\/span><\/div>\n<div><\/div>\n<div>Hosting this premier fashion event reinforces Suria KLCC as a destination that blends retail with cultural experiences, driving footfall to the KLCC Precinct and strengthening its position as the iconic experiential shopping destination.\u00a0 Through this collaboration, Suria KLCC was also recognised with the Platinum Award for Best Experiential Marketing 2024 \u2013 2025 from PPK Malaysia (Malaysia Shopping Malls Association) for the first KLFW hosted by the mall.<\/div>\n<div><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">The Group\u2019s hotel segment, represented by Mandarin Oriental, Kuala Lumpur (MOKUL), recorded lower revenue of RM59.8 million and PBT of RM6.1 million, cushioned by the high occupancy from group demand and robust activity from Marketing, Incentives, Conventions and Exhibition (MICE) events. \u00a0Revenue Per available room (RevPar), however remained steady, driven by school holidays and major MICE events.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">The office segment remained stable, backed by Triple Net Lease (TNL) arrangements and long-term leases, posting revenue of RM146.3 million and PBT of RM120.9 million.\u00a0 The Group\u2019s landmark asset, in particular the PETRONAS Twin Towers, was recently honoured with the Malaysian Urban Transformation Icon Award at The Edge Property Excellence Awards 2025 and also received the\u00a0Anugerah Pencahayaan Bangunan\u00a0(Iconic Building) by the Kuala Lumpur City Hall, a testament to the Group\u2019s strong commitment to excellence, innovation, and sustainability.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">Meanwhile, the management services segment, comprising facilities management and car parking management services, recorded revenue of RM102.8 million and a higher PBT of RM22.2 million, an increase of 5.2% and 7.6% respectively compared to the same quarter last year. These gains were supported by consistent, planned maintenance services and higher car park income during the quarter.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">Prospects<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">Amidst robust local economic growth on the back of resilient domestic demand and steady tourism recovery in the third quarter, the Group remains focused on sustaining performance through disciplined execution of its strategic priorities for the final quarter of the year.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">Suria KLCC remains attuned to market conditions, pivoting to curate a resilient tenant mix through strategic leasing and targeted marketing initiatives, as consumers become more value-conscious amidst fiscal adjustments.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">Meanwhile, MOKUL continues to uphold its premium positioning by delivering exceptional service and refined hospitality experiences, reinforcing its appeal among leisure and corporate travellers.<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">Chief Executive Officer, Datuk Sr Mohd. Salem Bin Kailany, shared,\u00a0\u201cLooking ahead to the final quarter of 2025, we remain confident in the Group\u2019s performance. \u00a0While the external environment continues to present challenges, our strong portfolio, anchored by the stable performance of the office segment and reinforced by the resilience of our retail and hospitality businesses, continues to provide a solid footing that positions us well to deliver long-term value to our shareholders.\u201d<\/span><\/div>\n<div><span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\">\u00a0<\/span><\/div>\n<div><span style=\"font-family: Segoe UI, Segoe, Tahoma, Helvetica, Arial, sans-serif;\">Source:\u00a0<span class=\"ms-rteThemeFontFace-1 ms-rteFontSize-2\"><a href=\"https:\/\/www.bernama.com\/en\/press\/news.php?id=2493409\">BERNAMA &#8211; KLCCP Stapled Group Delivers Resilient Performance With Revenue Hitting RM430 Million In Quarter 3, 2025<\/a><\/span><\/span><\/div>\n","protected":false},"featured_media":403,"template":"","meta":{"_acf_changed":false},"class_list":["post-402","media-clipping","type-media-clipping","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/harizfatah.com\/work\/klccgroupintranet\/wp-json\/wp\/v2\/media-clipping\/402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/harizfatah.com\/work\/klccgroupintranet\/wp-json\/wp\/v2\/media-clipping"}],"about":[{"href":"https:\/\/harizfatah.com\/work\/klccgroupintranet\/wp-json\/wp\/v2\/types\/media-clipping"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/harizfatah.com\/work\/klccgroupintranet\/wp-json\/wp\/v2\/media\/403"}],"wp:attachment":[{"href":"https:\/\/harizfatah.com\/work\/klccgroupintranet\/wp-json\/wp\/v2\/media?parent=402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}