Sime Darby Property announced a 15% increase in its latest quarterly net profit to RM120 million, driven by strong sales and project deliveries. The company maintains an optimistic outlook for the future.
Sime Darby Property Bhd, a leading Malaysian property developer, today, February 24, 2026, announced its financial results for the fourth quarter ended December 31, 2025. The company reported a 15% year-on-year increase in net profit, reaching RM120 million, compared to RM104 million in the corresponding period last year. Revenue also grew by 10% to RM850 million. This strong performance was primarily attributed to robust sales from its residential and industrial property projects, as well as accelerated project deliveries. Company management stated that despite challenging market conditions, its strategic land bank and diversified product portfolio allowed it to remain resilient. Looking ahead, Sime Darby Property maintains an optimistic sales target for 2026, expecting to continue benefiting from favourable policies and infrastructure developments.
Share: