KIP Real Estate Investment Trust reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was MYR 18.63 million compared to MYR 17.02 million a year ago. Revenue was MYR 20.19 million compared to MYR 18.51 million a year ago. Net income was MYR 8.13 million compared to MYR 9.05 million a year ago. Basic earnings per share from continuing operations was MYR 0.014 compared to MYR 0.0179 a year ago.
For the six months, sales was MYR 36.54 million compared to MYR 33.09 million a year ago. Revenue was MYR 39.54 million compared to MYR 35.65 million a year ago. Net income was MYR 16.92 million compared to MYR 17.42 million a year ago. Basic earnings per share from continuing operations was MYR 0.03 compared to MYR 0.0345 a year ago.