News summary · News
Pavilion-REIT nine-month results show improvement
The Star reports that Pavilion REIT's nine-month net profit rose to RM287.75 million from RM263.67 million, with revenue increasing to RM694.21 million from RM669.4 million. The latest quarter was weaker: net profit for the three months ended September 30, 2026 fell to RM92.91 million from RM94.58 million, while quarterly revenue edged down.
Lower advertising income at Elite Pavilion Mall weighed on revenue, and the report describes higher borrowing and utility costs. Quarterly distributable income was RM96.5 million, equivalent to 2.45 sen per unit; this is a distributable-income measure, not a statement that a new quarterly dividend was declared. Management expects resilient but increasingly selective consumer spending in the final quarter.
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