Sime Darby Property Bhd announced its latest quarterly results, reporting a 15% year-on-year increase in net profit to RM120 million. This beat market expectations, primarily driven by strong sales from new project launches and improved construction progress. The company remains optimistic about the property market outlook for 2026.
Sime Darby Property Bhd today announced its latest quarterly results for the period ended December 31, 2025, surpassing market expectations. The company reported a 15% year-on-year increase in net profit, reaching RM120 million, compared to RM104 million in the corresponding period last year. Revenue also saw double-digit growth, primarily driven by robust sales from new project launches and smooth progress in construction activities. Management stated that despite market challenges, the company successfully attracted buyers by focusing on high-demand locations and innovative product offerings. Sime Darby Property remains optimistic about the property market outlook for 2026, anticipating its projects in Klang Valley and Johor to continue contributing stable revenue. This positive news is expected to boost investor confidence in the property sector.
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