Sime Darby Property announced a 15% increase in net profit for the fourth quarter of fiscal year 2025, reaching RM120 million, primarily driven by strong new project sales and increased construction activities.
Sime Darby Property Bhd (stock code: 5288), a leading Malaysian property developer, announced its financial results for the fourth quarter ended December 31, 2025. Net profit surged by 15% year-on-year to RM120 million, up from RM104 million in the corresponding period last year. Revenue also saw a 10% increase, reaching RM850 million. The company attributed this robust performance primarily to significant sales growth from new projects, particularly those located in the Klang Valley and Johor, as well as accelerated construction activities. Sime Darby Property noted in its report that its unbilled sales remained at a healthy RM2.5 billion, providing earnings visibility for the coming quarters. Looking ahead, the company maintains cautious optimism for the 2026 property market and plans to launch more mid-to-high-end residential projects to meet market demand.
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