Sime Darby Property Bhd today announced stronger-than-expected fourth-quarter results, with net profit surging 18% year-on-year to RM125 million. Robust sales and timely project deliveries drove the performance. The company remains optimistic about the property market outlook for 2026 and plans to launch more new projects to capitalize on demand.
Sime Darby Property Bhd today announced its financial results for the fourth quarter ended December 31, 2025, exceeding market expectations. The company's net profit surged 18% year-on-year to RM125 million, compared to RM106 million in the corresponding period last year. Revenue also increased by 12% to RM850 million. This robust growth was primarily driven by higher sales from its key developments in Selangor and Johor, coupled with efficient project deliveries. The company's management stated that despite macroeconomic challenges, housing demand remains strong, particularly for affordable housing and premium township projects. Sime Darby Property plans to launch new projects with a total Gross Development Value (GDV) of approximately RM3 billion in 2026 to solidify its market leadership and expects to maintain its earnings growth momentum in the coming year.
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