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Hektar REIT has signed a solar energy partnership agreement with Samaiden, whereby Samaiden will install and operate solar photovoltaic (PV) systems at five of Hektar REIT’s shopping malls through a zero-capex model, without any upfront capital expenditure!
The company’s revenue dipped slightly (about 13%), but net profit jumped around 52% compared to the previous quarter, thanks to higher sales of high-margin products. Overall, a pretty solid performance