Sime Darby Property today announced a 25% year-on-year increase in Q4 net profit, exceeding market expectations, driven by strong property sales and land divestment gains. This positive outcome highlights effective business strategies.
On February 26, 2026, Sime Darby Property Bhd, a leading Malaysian property developer, announced impressive results for its fourth quarter. For the quarter ended December 31, 2025, the company reported a 25% year-on-year increase in net profit to RM125 million, surpassing analysts' consensus estimates. This robust performance was primarily driven by continued strong sales from its projects in Selangor and Johor, coupled with gains from strategic land divestments. Revenue also grew by 18% to RM850 million. Sime Darby Property's management attributed the success to its focus on affordable housing and industrial properties, despite a challenging market environment. The company also declared a second interim dividend of 2 sen per share. Looking ahead, the company anticipates maintaining its growth momentum in 2026 and plans to launch more new projects to meet market demand.
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