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Performance driven by strong product mix, improved margins and higher unbilled sales PETALING JAYA (May 28): Sime Darby Property Bhd recorded first quarter ended March 31, 2025 (Q1FY2025) revenue of RM871.
Quarterly revenue in 4QFY2025 nearly doubled to RM236.
The group recorded a net profit of RM73.
On its outlook, Matrix expects strong long-term growth, supported by continued demand for Sendayan Developments; the launch of Malaysia Vision Valley City (MVV City), a 2,382-acre, RM15 billion integrated project near the planned High-Speed Rail, and ongoing success of Levia Residences in Cheras with a gross development value of RM523 million.
Kerjaya Prospek declared a first interim dividend of three sen per share, amounting to RM37.
Looking ahead, KSL said the government's introduction of the Housing Credit Guarantee Scheme and tax relief policies is anticipated to further stimulate demand among first-time homebuyers, particularly in the affordable housing market.
On prospects, Ekovest highlighted steady revenue growth from toll collections on Phases 1 and 2 of the Duke Highway and expects to gain further from the full opening of the SPE Highway.
Residensi 22, Mont’Kiara condo unit sold for RM2.
Revenue for the quarter climbed 17.
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