Pavilion Real Estate Investment Trust reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MYR 182.59 million compared to MYR 125.27 million a year ago. Revenue was MYR 208.22 million compared to MYR 141.13 million a year ago. Net income was MYR 228.27 million compared to MYR 216.42 million a year ago. Basic earnings per share from continuing operations was MYR 0.0655 compared to MYR 0.0709 a year ago. Diluted earnings per share from continuing operations was MYR 0.0655 compared to MYR 0.0709 a year ago.
For the full year, sales was MYR 651.42 million compared to MYR 498.91 million a year ago. Revenue was MYR 723.81 million compared to MYR 551.35 million a year ago. Net income was MYR 431.8 million compared to MYR 397.8 million a year ago. Basic earnings per share from continuing operations was MYR 0.1268 compared to MYR 0.1303 a year ago. Diluted earnings per share from continuing operations was MYR 0.1268 compared to MYR 0.1303 a year ago.