Sime Darby Property announced better-than-expected quarterly earnings, with net profit surging 25%, propelling its shares up 3.5%. Strong sales performance and effective cost control were key drivers.
Sime Darby Property Bhd (SDPROP) today announced its financial results for the fourth quarter ended December 31, 2025, which surpassed market expectations. The company reported a 25% year-on-year increase in net profit, reaching RM155 million, while revenue grew 18% to RM1.22 billion. This robust performance was primarily attributed to sustained strong sales across its projects in Selangor and Johor, coupled with effective cost management initiatives. Buoyed by this positive news, Sime Darby Property's shares climbed 3.5% in today's trading, closing at RM0.75. Company management stated that despite a challenging market environment, its strategic land bank and diversified product portfolio enabled it to capitalize on market opportunities. Moving forward, the company expects to continue focusing on launching high-value projects and optimizing its balance sheet for sustainable growth.
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