Sime Darby Property Bhd announced impressive fourth-quarter results, with net profit surging 15% year-on-year to RM120 million. This strong performance was primarily driven by robust sales from new project launches and accelerated construction activities across its developments. The company's positive outlook for the coming year is supported by healthy unbilled sales and strategic landbank acquisitions, signaling continued growth.
Sime Darby Property Bhd today announced its financial results for the fourth quarter ended December 31, 2025, which exceeded market expectations. The company reported a 15% year-on-year increase in net profit, reaching RM120 million, compared to RM104 million in the same period last year. Revenue also grew by 10% to RM850 million. This robust growth in performance was primarily attributed to strong sales from newly launched residential projects and accelerated construction activities for existing developments. Furthermore, the company's strategic landbank acquisitions in prime locations have laid a solid foundation for its future expansion. Sime Darby Property's management expressed optimism for the financial year 2026, anticipating continued benefits from healthy unbilled sales and stable property demand despite intense market competition. The company's share price rose 2.5% today to RM0.82.
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