UOA Development net profit surges 50% in 2Q on progressive revenue from four projects
Net profit for the three months ended June 30, 2025 (2QFY2025) was RM91.71 million, or 3.5 sen per share.
Net profit for the three months ended June 30, 2025 (2QFY2025) was RM91.71 million, or 3.5 sen per share.
The property developer made a net profit of RM45.4 million for 1QFY2026, compared with RM37.5 million for the quarter a year ago.
Such a move would dampen the capital city’s gross domestic product heavily dependent on the construction and property-related services sectors, she said.
The net profit for the quarter ended June 30, 2025 (4QFY2025), was RM31.23 million, compared with RM1.38 million a year ago.
The purchase came less than two weeks after a Bayan Resources executive also joined as the company’s second-largest shareholder through the placement.
Residensi Oasis, developed by CTC Development Malaysia Sdn. Bhd., is a freehold serviced apartment project strategically located along Jalan Senyum, Kampung Wadihana, in the heart of Johor Bahru city.
It made a net profit of RM54.44 million for its 2QFY2025, up 46.8% from RM37.08 million in 2QFY2024.
The project entails the construction of a four-lane dual carriageway measuring 14.7km in Limbang.
Net profit for the quarter jumped more than fivefold to RM21.75 million from RM4.16 million a year earlier.
Parkland by the River, officially registered as Residensi Parkland Permas (Phase 2), is developed by Parkland Southern Sdn. Bhd. in Permas Jaya, Johor Bahru.