SkyWorld Development records two-fold increase in net profit
Company proposes first interim dividend for the financial year ending March 31, 2026.
Company proposes first interim dividend for the financial year ending March 31, 2026.
Its NPI for 1QFY2026 rose to RM29.
The property segment contributed a quarterly revenue of RM212.
Sime Darby Property said its property development segment continued to be the main revenue contributor, accounting for 93.
Net profit for the first six months only accounted for just one-third of the consensus full-year estimates, though analysts say Cahya Mata could still catch up in the coming months as construction activities pick up with drier weather that will boost demand for its cement and aggregates.
The group also recorded a 39% year-on-year growth in revenue for the quarter under review, rising from RM30.
Growing market interest for Kitacon project developments could be reflected by a tenderbook of RM913 million (17% industrial and 83% residential projects) as of June 23, 2025.
The company declared a final dividend of 0.