Sime Darby Property announced encouraging quarterly results, with net profit surging 25% year-on-year to RM125 million. This was driven by robust property sales and increased construction activities.
Sime Darby Property Bhd, a leading Malaysian property developer, today announced better-than-expected results for its fourth quarter ended December 31, 2025. The company's net profit surged 25% year-on-year to RM125 million, while revenue increased 18% to RM980 million. This robust performance was primarily attributed to strong sales momentum from its key projects in the Klang Valley and Johor, coupled with accelerated construction activities. Company management stated that demand for affordable housing and prime locations remains strong, and they anticipate continued growth momentum into the financial year 2026. Sime Darby Property's share price rose 3.1% to RM0.78 following the earnings announcement, reflecting investor confidence in its future prospects. Analysts generally maintained a 'buy' rating for the company and raised their target prices.
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