Trive Property swings to quarterly loss of RM 315,000; revenue falls to RM 608,000 for May’26–Jul’26
Bitget2026/09/30 09:39Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Trive Property posted a loss for the quarter ended July 31, 2026 of RM 315,000, swinging from a profit of RM 2 million.
- Revenue fell 91% to RM 608,000 versus the preceding year corresponding quarter.
- Loss from operation widened to RM 314,000 from an operating profit of RM 1.98 million.
- Management said the revenue decline was mainly attributable to higher tenant vacancies and the absence of renewable energy sales.
- It expects the property investment segment to remain stable next quarter, while the renewable energy segment is likely to stay subdued unless new projects are secured.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Trive Property Group Berhad published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3710623) on September 30, 2026, and is solely responsible for the information contained therein.
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