PETALING JAYA: Sime Darby Property Bhd
(SDP) achieved a record pretax profit of RM803.4mil with record sales of RM4.2bil in its financial year 2025 (FY25 ended Dec 31). Its historical high sales performance last year had surpassed its initial target of RM3.6bil by 17%.
SDP's net profit was also higher than the previous year by 3% at RM517.7mil, with revenue and operating profit at RM4.2bil and RM895.3mil, respectively. The company declared total dividends of 3.2 sen per share for FY25.
Industrial products remained the largest contributor to this figure at 36% or RM1.5bil - reflecting sustained demand for high-quality logistics and industrial assets. While residential landed and high-rise products contributed 26% and 24% respectively, and commercial products accounted for 13%.
SDP said it launched products with a total gross development value (GDV) of approximately RM3.6bil in FY25.
“Surpassing the RM4bil sales mark for the second consecutive year and achieving our highest recorded profit before tax reflects the successful execution of our SHIFT25 strategy. Over the past few years, we have strengthened our core development engine and expanded recurring income.
"These initiatives have given us the agility to navigate market shifts while enhancing our edge to deliver value for our stakeholders,” SDP's group managing director & chief executive officer Datuk Seri Azmir Merican said in a statement.
