Sime Darby Property announced its latest quarterly results, with net profit surging 15% year-on-year to RM120 million, exceeding market expectations. Strong sales and effective cost management were key drivers, boosting investor confidence.
Sime Darby Property Bhd today announced its financial results for the fourth quarter ended December 31, 2025, recording a net profit of RM120 million, a 15.4% increase from RM104 million in the same period last year. Revenue also rose 10.3% to RM750 million from RM680 million previously. The company stated that the strong performance was primarily driven by successful new project launches and sustained sales performance from existing projects. Additionally, effective cost control and project execution efficiency contributed to the profit growth. Looking ahead, Sime Darby Property remains optimistic about the recovery of the Malaysian property market and plans to launch more high-value projects in 2026. This positive news pushed the company's share price up 2.5% to RM0.78 today.
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