Sime Darby Property announced impressive fourth-quarter results, with net profit surging 15% year-on-year, primarily driven by robust sales of its residential projects. The company expressed an optimistic outlook for the future, citing sustained demand in key developments.
On February 5, 2026, Sime Darby Property Bhd, a leading Malaysian property developer, announced strong results for its fourth quarter ended December 31, 2025. The company's net profit surged 15% year-on-year to RM185.5 million, compared to RM161.3 million in the same period last year. Revenue also increased by 10% to RM980.2 million. This impressive performance was primarily driven by robust sales of its residential projects in key areas such as Selangor and Johor, coupled with accelerated construction progress. Company management expressed optimism for the financial year 2026 despite challenging market conditions, planning to launch more innovative products to meet market demand. Sime Darby Property's share price rose 2.0% to RM0.77 today, reflecting investors' positive response to its earnings.
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