Sime Darby Property Announces Strong Earnings, Driven by Sales Growth and Cost Control

March 6, 2026

Company News

The Edge Markets

Sime Darby Property Bhd (SDPROP) announced better-than-expected latest quarterly earnings, with net profit surging 15%. This was primarily attributed to robust sales of residential properties and effective cost management strategies. The company remains optimistic about the prospects for its upcoming projects, citing healthy demand in key urban areas and strategic landbank development. This performance highlights the resilience of the property sector.

Sime Darby Property Bhd (SDPROP) today announced its financial results for the fourth quarter ended December 31, 2025, reporting a net profit of RM120 million, a 15% increase from the same period last year. Revenue also grew by 10% to RM750 million. The company attributed the strong performance to sustained sales growth of residential properties in its key projects across Klang Valley and Johor, coupled with stringent cost control measures. The Managing Director of Sime Darby Property stated that the company would continue to focus on launching high-value projects and optimizing its land bank to meet market demand. The stock rose 1.5% to RM0.75 today.

View Source: The Edge Markets

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