Sime Darby Property Bhd announced better-than-expected fourth-quarter results, with net profit surging 25% year-on-year to RM125 million. This impressive growth was primarily driven by robust sales from new project launches. The company expressed optimism about its future development pipeline and market conditions.
Sime Darby Property Bhd, a leading Malaysian property developer, today announced its financial results for the fourth quarter ended December 31, 2025, surpassing market expectations. The company reported a 25% year-on-year increase in net profit, reaching RM125 million, up from RM100 million in the corresponding period last year. Revenue also grew by 15% to RM850 million. This robust performance was primarily attributed to significant sales growth from its newly launched residential and commercial projects in Selangor and Johor. Management stated that despite intense market competition, the company successfully attracted buyers through strategic land banking and innovative product designs. The company anticipates maintaining its growth momentum in 2026 and plans to launch more high-value projects to meet market demand.
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