PETALING JAYA: Paramount Corp Bhd
delivered a strong FY25 performance, with net profit rising 16% to RM119mil from RM102.4mil a year earlier.
The property group also reported RM947mil in revenue for FY25, noting a 9% decrease year-on-year (y-o-y).
However, the group explained the slowdown primarily reflected a moderated launch pipeline amid prevailing market conditions.
For the final quarter ended Dec 31, 2025, Paramount posted a net profit of RM57.6mil on revenue of RM258mil.
Paramount declared a single-tier second interim dividend of 4.5 sen per share, payable on March 13.
The group noted this brought total dividends for FY25 to 7.5 sen per share, equivalent to a dividend yield of 7.4%.
Paramount’s chief executive officer, Jeffrey Chew, said the group’s performance reflected its ability to navigate a softer market environment while continuing to deliver value to shareholders with a solid earnings per share of 19 sen.
“FY25 was a year of disciplined execution including value-enhancing asset disposal, with a tertiary campus disposal being the major contributor, as well as contributions from our 2025 strategic investment.
“The RM75mil proceeds from the campus disposal were earmarked mainly to repay borrowings,” he said.
The sale of Anson Campus is part of the paramount's strategy to monetise non-core assets, boost returns, and enhance capital efficiency.
In conjunction with FY26’s outlook, Chew added, “We anticipate a satisfactory financial outlook this year supported by a solid property sales pipeline with unbilled sales of RM1.5bil (as at Dec 31, 2025) and the implementation of cost optimisation initiatives to enhance operational efficiency and margins.”
Across its property segment, the group achieved property sales of RM1.03bil in gross development value and RM897.7mil in revenue in FY25.
Key revenue contributors for the year included The Atera in Selangor, Utropolis Batu Kawan in Penang and Bukit Banyan in Kedah.
“Our ability to consistently deliver more than RM1bil sales over the past four years underscores the strength of our product positioning and execution.
“This track record gives us confidence as we roll out our RM1.1bil launch pipeline in 2026,” Chew explained.
Looking ahead, Paramount plans to launch seven projects across Selangor, Kedah and Penang.
The projects include new phases from The Atera Phase 3 (a transit-oriented development in Petaling Jaya, Selangor) and Paramount Embun Hills (a mixed-use development located next to Bukit Mertajam forest reserve in Penang), and the launches from two new developments in Shah Alam and Kedah.
