Sime Darby Property Bhd today announced a 25% year-on-year increase in its fourth-quarter net profit to RM120 million, surpassing market expectations. The positive earnings report, attributed to higher property sales and improved construction progress, boosted the company's stock price by 2.5% during trading. Analysts expect continued growth from their new launches.
Sime Darby Property Bhd today announced encouraging results for its fourth quarter of the financial year 2025, with net profit surging 25% year-on-year to RM120 million, significantly exceeding analysts' expectations. The company attributed the robust performance to strong property sales and accelerated construction progress. Following the earnings release, Sime Darby Property's share price responded positively, climbing 2.5% to close at RM0.82. The company's management expressed optimism for the 2026 market outlook, anticipating more new project launches to meet market demand. Analysts have generally upgraded their earnings forecasts and target prices for Sime Darby Property, believing its strategy in affordable housing and township development will continue to drive growth.
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