Curated stories and property intelligence, delivered your way.
Curated stories and property intelligence, delivered your way. Get free newspaper
IOI Properties FY2026 net profit doubles to RM2.15b, revenue hits record RM4.44b

IOI Properties FY2026 net profit doubles to RM2.15b, revenue hits record RM4.44b

news

Updated:
  • IOI Properties Group Bhd's net profit more than doubled to RM2.15 bil in FY2026.
  • Revenue also increased significantly to a record RM4.44 bil for the year.
  • The company declared a total dividend of 16 sen per share for FY2026.
Read More
AME Elite’s 1Q net profit rises 50% on construction growth, property gains

AME Elite’s 1Q net profit rises 50% on construction growth, property gains

news

Updated:
  • AME Elite Consortium's net profit rose 50% in 1QFY2027, driven by construction and investment property gains.
  • Revenue increased 4.4%, despite lower property development contributions.
  • The company expects satisfactory performance, but notes inflationary pressures.
Read More
Sunway 2Q net profit rises 17%; RM9.1b gain lifts 1H earnings

Sunway 2Q net profit rises 17%; RM9.1b gain lifts 1H earnings

news

Updated:
  • Sunway Bhd's 2Q net profit rose 16.7% to RM318.59 mil, driven by strong segment contributions.
  • Revenue increased 13.4% to RM2.91 bil, with property and investment segments performing well.
  • The company declared a three sen dividend and remains optimistic for FY2026 due to diverse growth.
Read More
Tropicana 2Q revenue jumps 158% on land sales; PBT more than doubles

Tropicana 2Q revenue jumps 158% on land sales; PBT more than doubles

news

Updated:
  • Tropicana Corp Bhd's 2QFY2026 revenue surged 157.7% to RM850.77 mil due to land sales.
  • Despite higher PBT, the company reported a net loss of RM17.54 mil.
  • First-half revenue nearly doubled, but PBT fell due to an unrealised loss on shares.
Read More
Chin Hin quarterly revenue tops RM1b on stronger property, construction contributions

Chin Hin quarterly revenue tops RM1b on stronger property, construction contributions

news

Updated:
  • Chin Hin Group Bhd's 2QFY2026 revenue exceeded RM1 bil, a 10.3% increase year-on-year.
  • The property development division had RM2.2 bil in unbilled sales, supported by ongoing developments.
  • Despite revenue gains, net profit fell due to fair-value losses on investments.
Read More
Eco Ardence, Missi Care ink MoU for 24-hour Care Hub at new low-rise villas

Eco Ardence, Missi Care ink MoU for 24-hour Care Hub at new low-rise villas

news

Updated:
  • Eco Ardence and Missi Care will open a 24-hour Care Hub at Eco Ardence's new villas.
  • The hub offers 24/7 caregiver support, health advice, and emergency response services.
  • This initiative aims to provide comprehensive care for multi-generational families within the community.
Read More
Johor leads Apac data centre boom as Malaysia tops construction — C&W

Johor leads Apac data centre boom as Malaysia tops construction — C&W

news

Updated:
  • Johor leads Asia Pacific in data centre capacity, with significant operational and future growth.
  • Malaysia dominates Southeast Asia in data centre construction, driven by Johor's expansion.
  • New regulations in Johor aim for sustainable growth amid increasing power and resource demands.
Read More
Magna Prima posts RM1.82m 2Q loss despite higher revenue

Magna Prima posts RM1.82m 2Q loss despite higher revenue

news

Updated:
  • Magna Prima Bhd reported a net loss of RM1.82 mil in 2QFY2026, despite revenue growth.
  • A significant tax expense of RM3.30 mil exceeded its pre-tax profit.
  • First-half results showed a profit, driven by property development activities.
Read More
IGB 2Q profit nearly doubles as development, property investments lift earnings

IGB 2Q profit nearly doubles as development, property investments lift earnings

news

Updated:
  • IGB's Q2FY2026 profit nearly doubled to RM146.66 mil, driven by retail and commercial property investments.
  • Revenue increased by 16.1% to RM525.20 mil, with property development revenue jumping 171%.
  • The company remains optimistic about its retail and commercial segments, despite rising cost pressures.
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
Bites
IOI Properties FY2026 net profit doubles to RM2.15b, revenue hits record RM4.44b