Sime Darby Property Bhd announced robust quarterly results, with net profit surging 15% year-on-year to RM125 million. This was primarily driven by strong sales from its Klang Valley and Johor projects, coupled with efficient cost management. The company remains optimistic about its future prospects.
Sime Darby Property Bhd announced encouraging quarterly results on Friday, with its net profit surging 15% year-on-year to RM125 million for the fourth quarter ended December 31, 2025. Revenue also increased by 10% to RM780 million. This robust performance was primarily attributed to continued strong sales from its key development projects in the Klang Valley, such as Elmina City, and Johor, including Bandar Universiti Pagoh. The company also highlighted its effective cost management strategies and strategic utilization of its land bank. Moving forward, Sime Darby Property expressed optimism about its prospects for 2026, anticipating growth driven by new project launches and sustained demand for existing developments, despite a challenging market environment. The company remains focused on sustainable development and innovative offerings.
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