KUALA LUMPUR: Oriental Interest Bhd
recorded a higher net profit of RM122.75 million for the financial year ended Aug 31, 2025 (FY2025), compared with RM85.21 million in the same period last year.
Revenue improved by 30 per cent to RM850.55 million from RM652.47 million previously, the property developer said in a Bursa Malaysia filing today.
For the fourth quarter (4Q) of FY2025, the company also recorded a higher net profit of RM39.26 million, compared to RM35.55 million in the same period a year ago.
Meanwhile, revenue rose by seven per cent to RM224.27 million in 4Q FY2025, up from RM209.56 million previously.
"The group delivered solid financial performance for both the current quarter and the cumulative period, primarily driven by the strong performance from the property development segment.
"The property development segment continued to be the main growth driver, posting a six per cent increase in quarterly revenue and an impressive 42 per cent growth in cumulative revenue,” it said.
Although quarterly profit dipped marginally by one per cent, from RM55.18 million to RM55.60 million, cumulative profit jumped by 54 per cent, reflecting strong contributions from both ongoing and newly launched development projects.
Looking ahead, Oriental Interest stated that the group remains well-positioned for continued growth, supported by unbilled property sales of approximately RM498.01 million as of the end of the financial quarter.
"With healthy bookings, resilient market fundamentals, the Group is optimistic about delivering another year of positive performance in FY2026,” it added. - Bernama
