Sunway REIT's Q3 Profits Held Up At RM89 Million
Sunway REIT's Q3 Profits Held Up At RM89 Million
The Hotel segment's revenue increased 5% to RM29.2 million in Q3 2024, from RM27.9 million in Q3 2023, supported by an improved occupancy rate of 65% in YTD Q3 2024 compared to 63% in YTD Q3 2023. The NPI similarly grew 5% to RM28.1 million in Q3 2024, from RM26.9 million in Q3 2023. The positive trend it said was largely driven by a notable increase in foreign tourist arrivals across all hotels, particularly at our properties in Penang and Kuala Lumpur, including Sunway
Sunway REIT Management released its financial results for the third quarter ended 30 September 2024 recording a revenue expansion of 9.3% to RM192.1 million from RM175.8 million in Q3 2023. NPI edged up 5.5% from RM136.8 million to RM144.3 million in Q3 2024. Profit for the quarter decreased from RM91 million recorded in Q3FY23 to RM89 million.
Sunway REIt Management發佈了截至2024年9月30日的第三季度財務業績，營業收入錄得9.3%的增長，從2023年Q3的17580萬令吉增至19210萬令吉。NPI從2024年Q3的13680萬令吉上升5.5%至14430萬令吉。該季度的利潤從2023財政年度第3季度記錄的9100萬令吉下降至8900萬令吉。
For YTD Q3 2024, Sunway REIT recorded an improved revenue of RM546.3 million and NPI of RM404.2 million, primarily driven by robust performance from retail and hotel segments, along with resilient performance from the other segments.
截至2024年第三季度，Sunway REIt記錄了提高的營業收入，達54630萬令吉，NPI達40420萬令吉，主要受到零售和酒店板塊良好表現的推動，以及其他板塊的持續強勁表現。
In Q3 2024, the Retail segment continued its strong growth momentum with revenue surging 17% to RM130.6 million, from RM111.8 million in Q3 2023. This was primarily attributed to the full-quarter rental contributions from the six hypermarkets commencing on 30 April 2024. Accordingly, the Retail segment's NPI soared 12% to RM91.8 million, from RM81.8 million in Q3 2023. The Retail segment's positive trajectory is expected to continue in the coming quarters, supported by the new opening of Oasis wing at Sunway Pyramid Mall on 1st November 2024 and the new rental contribution from Sunway 163 Mall commencing 9 th October 2024.
在2024年第3季度，零售板塊繼續保持強勁增長勢頭，營業收入激增17%至13060萬令吉，從2023年Q3的11180萬令吉增加。這主要歸因於六家超級市場於2024年4月30日開始全季出租所產生的租金貢獻。因此，零售板塊的NPI飆升12%至9180萬令吉，從2023年Q3的8180萬令吉增長。預計零售板塊的正面發展軌跡將在未來幾個季度持續，得到2024年11月1日Sunway Pyramid Mall Oasis翼新開業以及Sunway 163 Mall於2024年10月9日開始的新出租所貢獻的支持。
The Hotel segment's revenue increased 5% to RM29.2 million in Q3 2024, from RM27.9 million in Q3 2023, supported by an improved occupancy rate of 65% in YTD Q3 2024 compared to 63% in YTD Q3 2023. The NPI similarly grew 5% to RM28.1 million in Q3 2024, from RM26.9 million in Q3 2023. The positive trend it said was largely driven by a notable increase in foreign tourist arrivals across all hotels, particularly at our properties in Penang and Kuala Lumpur, including Sunway
Hotel Seberang Jaya, Sunway Hotel Georgetown and Sunway Putra Hotel, which have all achieved pre-pandemic levels of foreign tourist arrivals.
酒店板塊的營業收入在2024年第3季度增長了5%，從2023年Q3的2790萬令吉增至2920萬令吉，得益於2024年前三季度的入住率提高至65%，而2023年同期爲63%。NPI同樣增長了5%，從2023年Q3的2690萬令吉增至2024年的2810萬令吉。據稱，這一積極趨勢主要受到外國遊客抵達率的顯著增加的推動，尤其是在檳城和吉隆坡的酒店，包括 Sunway Hotel Seberang Jaya、Sunway Hotel Georgetown和Sunway Putra Hotel，在此之前都恢復到疫情前的外國遊客抵達水平。
酒店Seberang Jaya、Sunway Hotel Georgetown和Sunway Putra Hotel，這些酒店都實現了疫情前水平的外國遊客到達率。
The Chief Executive Officer of Sunway REIT Management Sdn Bhd, Clement Chen, remarked "We are delighted to announce that Sunway REIT achieved a property portfolio of more than RM10.0 billion following the acquisition of two new assets with a combined value of RM282 million in October 2024. The first acquisition, completed on 9 th October, is the freehold Mont Kiara
shopping mall, now rebranded as "Sunway 163 Mall", for a purchase consideration of RM215 million.
Sunway REIt Management私人有限公司首席執行官陳亞光表示"我們很高興宣佈，Sunway REIt在2024年10月通過收購兩項共價值28200萬令吉的新資產，實現了擁有超過100億令吉的物業投資組合。首次收購於10月9日完成，是永久產權的Mont Kiara
購物中心，現已更名爲「雙威163購物廣場」，購買價格爲21500萬令吉。
The CEO said the strategic acquisitions are yield-accretive, offering initial yields of more than 7.0% and are expected to strengthen Sunway REIT's performance and distribution per unit in the upcoming quarters.
首席執行官表示，戰略收購將提高收益，提供超過7.0%的初始收益，並預計將在未來季度加強雙威房地產投資信託的績效和每單位分配。
譯文內容由第三人軟體翻譯。
