Trive Property swings to quarterly loss of RM 315,000; revenue falls to RM 608,000 for May’26–Jul’26
Bitget2026/09/30 09:39- 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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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