Sime Darby Property announced better-than-expected latest quarterly earnings, with net profit surging 25% year-on-year. This strong performance was primarily driven by robust sales from new residential projects and gains from land development. The positive results highlight the company's effective strategy in capitalizing on market demand and efficient project execution.
Sime Darby Property Bhd today announced its fourth-quarter earnings for the period ended December 31, 2025, with net profit reaching RM120 million, a 25% increase year-on-year, surpassing market expectations. Revenue also grew by 18%, primarily attributed to robust sales from several new residential projects launched in Selangor and Johor, as well as strategic divestments of non-core land assets. Company management stated that despite a challenging market environment, focusing on high-demand locations and innovative product design successfully attracted homebuyers. Looking ahead, Sime Darby Property plans to launch more new projects in 2026 and expects to maintain strong sales momentum to solidify its leading position in the Malaysian property market.
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