Sime Darby Property announced robust quarterly earnings, with a 15% increase in net profit, primarily driven by strong new project sales and land development. The company maintains an optimistic outlook for the coming financial year.
Sime Darby Property, a leading Malaysian property developer, announced robust results for its fourth quarter ended December 31, 2025. The company reported a 15% year-on-year increase in net profit to RM120 million, with revenue also climbing 10%. This growth was primarily attributed to strong sales from its new residential projects in Selangor and Johor, alongside successful land development initiatives. The company stated that despite a challenging market environment, its strategic landbank and diversified product portfolio enabled it to maintain growth momentum. Sime Darby Property remains optimistic about its outlook for fiscal year 2026, anticipating more new project launches and continued focus on sustainable development and innovation.
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