Pesona Metro profit jumps 162% in FY2025, targets RM500 mil in new contracts

PETALING JAYA (June 26): Pesona Metro Holdings Bhd reported revenue of RM705.9 million and profit before tax (PBT) of RM66.0 million for FY2025. Its property development division recorded PBT of RM43.3 million during the financial year.

For the financial year ended Dec 31, 2025 (“FY2025”), the Main Market-listed construction-to-property group reported revenue of RM705.9 million and PBT of RM66.0 million.

The results were presented to shareholders at the company’s 15th annual general meeting (AGM) held in Kuala Lumpur yesterday (June 25), where all resolutions tabled were duly passed by way of poll. The company said votes against ordinary resolutions 3, 4, 5, 6 and 8 were negligible.

Revenue rose 38% from RM511.9 million in FY2024. PBT increased 162% from RM25.2 million to RM66.0 million, while gross profit more than doubled to RM112.5 million from RM53.6 million. Total equity attributable to shareholders rose 20% to RM207.5 million on the back of stronger retained earnings.

Construction remains Pesona Metro’s core business, with the division recording revenue of RM483.1 million and PBT of RM21.3 million in FY2025. As at Dec 31, 2025, the outstanding construction order book stood at approximately RM2.3 billion across eight ongoing projects, which the group said provides earnings visibility into FY2026 and beyond.

The concessionaire division, which manages and maintains student accommodation facilities for Universiti Malaysia Perlis under a long-term arrangement running through 2036, recorded FY2025 revenue of RM28.9 million and PBT of RM11.8 million, with monthly receipts of approximately RM2.3 million.

The property development division, operated through subsidiary Gaya Kuasa Sdn Bhd, recorded revenue of RM194.0 million and PBT of RM43.3 million in FY2025. On a segment basis, the division contributed the largest share of group PBT during the financial year.

Its flagship project, REN Residensi, with a total gross development value of approximately RM810 million, had achieved around 80% take-up and was 42.9% complete as at end-December 2025.

The board declared an interim single-tier dividend of 1.4 sen per ordinary share for FY2025, amounting to RM9.7 million, representing approximately 25% of profit attributable to shareholders.

Managing director Wie Hock Beng said FY2025 was a significant year for the group, citing improved project margins, growing contributions from the property development division and recurring income from the concessionaire division as factors supporting performance.

Looking ahead, Wie said the group remains cautiously optimistic for FY2026.

Backed by a RM2.3 billion construction order book, a development pipeline anchored by REN Residensi and concession income extending through 2036, Pesona Metro is targeting RM500 million in new contract awards for FY2026 and will continue pursuing opportunities across both the public and private sectors.

Established in 1996 and listed on Bursa Malaysia’s Main Market, the group has operations spanning residential and commercial building construction as well as infrastructure works.

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