Sime Darby Property Berhad announced robust fourth-quarter results, with net profit surging 15% year-on-year to RM120 million. This impressive growth was primarily driven by strong sales from its residential projects and effective cost management strategies.
Sime Darby Property Berhad, a leading Malaysian property developer, announced robust results for its fourth quarter ended December 31, 2025. The company reported a net profit surge of 15% year-on-year, reaching RM120 million, surpassing market expectations. Revenue also saw a healthy increase of 10% to RM750 million. This impressive performance was primarily attributed to strong sales from its key residential projects in Selangor and Johor, coupled with effective cost management strategies. The company's management remains optimistic about the market outlook for 2026, anticipating the launch of more new projects to meet the continuous demand for housing. Sime Darby Property's share price rose 0.8% this week to RM0.63, reflecting strong investor confidence in its future growth potential.
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