KLCCP CEO Shah Mahmood said the group will leverage its strong foundation and continue to improve on its operational capabilities and asset portfolio to achieve a robust performance.

“We have also strengthened our approach to (reduce) greenhouse gas emissions and established a net-zero carbon emission pathway in line with our aspiration to have low-carbon emission by 2050,” he said in a statement today.

The group expects the recovery momentum to continue across all its business segments while also being mindful of the macroeconomic and geopolitical uncertainties alongside the challenging property market.

Its robust investment property portfolio will drive and position the group for further growth this year, KLCCP said.

The group said it recovered successfully last year and is now heading towards normalisation.

Its revenue rebounded 24.6% to RM1.5 billion while its profit before tax increased 80.1% to RM1 billion last year compared to 2021.

The group declared a 38 sen distribution per stapled security, which translates to a 5.66% dividend yield, the highest recorded by the company since its listing.