Sime Darby Property Bhd announced its latest quarterly results, reporting a 20% year-on-year increase in net profit to RM95 million. This robust performance was primarily driven by strong residential project sales and effective cost management. The company expressed optimism about the future market outlook, citing sustained demand for its products and strategic landbank development. This positive earnings report could boost investor confidence in the property sector.
Sime Darby Property Bhd (SIMEPROP) today announced its fourth-quarter results for the period ended December 31, 2025, reporting a 20% year-on-year increase in net profit to RM95 million, up from RM79.2 million in the previous corresponding quarter. Revenue also saw a 15% rise to RM850 million. The company attributed the strong performance to continued high sales in its key residential projects across Selangor and Johor, coupled with effective operational cost management. Sime Darby Property anticipates that sustained domestic demand and government support for affordable housing will continue to drive its growth, despite ongoing macroeconomic challenges. The company's share price rose 1.5% to RM0.68 today.
Share: