Sime Darby Property announced better-than-expected fourth-quarter results, with net profit increasing by 20% year-on-year to RM180 million. Strong sales and project deliveries drove the performance, and the company maintains an optimistic outlook for 2026.
KUALA LUMPUR, Feb 28, 2026 – Sime Darby Property Bhd (Stock Code: 5288), a leading Malaysian property developer, announced its fourth-quarter results for the financial year 2025 on Friday, reporting a 20% year-on-year increase in net profit to RM180 million, surpassing market expectations. Revenue also grew by 15% to RM1.25 billion. The company attributed its strong performance to robust sales across its key projects in the Klang Valley and Johor, coupled with the timely delivery of multiple developments. The CEO stated that despite challenging market conditions, the company successfully achieved growth by focusing on high-value products and strategic landbank. Sime Darby Property maintains an optimistic outlook for 2026, anticipating continued vibrancy in the property market driven by supportive government policies and economic recovery. Share price rose 1.5% to RM0.70 per share following the announcement.
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