Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
WCT 2Q profit slips 4% as revenue falls 33%

WCT 2Q profit slips 4% as revenue falls 33%

news

Updated:
  • WCT Holdings Bhd's 2QFY2026 profit fell 4% to RM14.71 mil due to weaker property and construction.
  • Revenue declined 33% to RM370.32 mil, with EPS at 0.94 sen.
  • The company faces challenges in construction but expects stable property demand.
Read More
Paramount 2Q profit rises 33% on stronger property segment

Paramount 2Q profit rises 33% on stronger property segment

news

Updated:
  • Paramount Corp Bhd's 2Q profit rose 33% to RM29.02 mil, driven by its property segment.
  • Revenue increased 20% to RM276.97 mil; a three sen dividend was declared.
  • The company plans RM1.6 bil in new project launches for the second half of 2026.
Read More
Sunsuria 3Q net profit more than doubles to RM19m, aided by KLCG gains

Sunsuria 3Q net profit more than doubles to RM19m, aided by KLCG gains

news

Updated:
  • Sunsuria Bhd's 3QFY2026 profit more than doubled to RM19.02 mil, aided by KLCG subsidiary gains.
  • Quarterly revenue slightly decreased, but PBT rose due to these gains.
  • The company is expanding its development pipeline with new projects like RIA Sunsuria.
Read More
MUI Properties slips into 4Q loss on impairments; FY2026 profit jumps

MUI Properties slips into 4Q loss on impairments; FY2026 profit jumps

news

Updated:
  • MUI Properties Bhd reported a net loss of RM25.07 mil in 4QFY2026.
  • This was due to impairment losses, fair value losses, and lower revenue.
  • Full-year profit, however, surged to RM83.42 mil, driven by significant land sales.
Read More
UOA Development 2Q profit rises 4.2% as revenue jumps 70%

UOA Development 2Q profit rises 4.2% as revenue jumps 70%

news

Updated:
  • UOA Development Bhd's 2Q net profit rose 4.2% to RM95.59 mil due to strong revenue growth.
  • Revenue surged 69.9% to RM221.20 mil from progressive property recognition.
  • However, first-half net profit declined 17% to RM137.53 mil despite increased revenue.
Read More
Berjaya Property returns to 4Q profit as property segment improves

Berjaya Property returns to 4Q profit as property segment improves

news

Updated:
  • Berjaya Property Bhd returned to profit in 4QFY2026, driven by property development.
  • Consolidated losses increased, however, due to various factors.
  • The company remains cautiously optimistic for FY2027 despite a widened full-year loss.
Read More
Sime Darby Property’s recurring-income push gains traction

Sime Darby Property’s recurring-income push gains traction

news

Updated:
  • Sime Darby Property is shifting towards recurring income from data centres, retail, and logistics.
  • This strategy underpins a new dividend policy of 40%-60% payout of PATAMI.
  • Property development remains the main earner, but recurring income is growing.
Read More
IJM 1Q profit jumps 44% on construction boost, declares 10 sen special dividend

IJM 1Q profit jumps 44% on construction boost, declares 10 sen special dividend

news

Updated:
  • IJM Corp's 1Q net profit rose 43.7% to RM137.4 mil, driven by strong construction activity.
  • Revenue increased 32.2% to RM2.29 bil, with construction and manufacturing leading.
  • The company expects continued strong performance from its construction division this fiscal year.
Read More
IJM names Lee Teck Yuen as chairman to succeed Krishnan Tan

IJM names Lee Teck Yuen as chairman to succeed Krishnan Tan

news

Updated:
  • IJM Corp Bhd appointed Datuk Lee Teck Yuen as chairman, effective Aug 27.
  • Lee brings over 40 years of industry experience to the role.
  • He succeeds Tan Sri Krishnan Tan, who retired as part of a planned transition.
Read More
Bites
WCT 2Q profit slips 4% as revenue falls 33%