Sime Darby Property Reports Robust Third‑Quarter Performance and Record Nine‑Month Results

Sime Darby Property Bhd (KL:SIMEPROP) announced a 31.2 % year‑on‑year increase in net profit for the third quarter of fiscal year 2025, reaching RM168.23 million from RM128.26 million in the same period last year. The jump is driven by higher sales and improved cost efficiency across its property‑development portfolio.

  • Quarterly revenue climbed 11.0 % y‑o‑y to RM1.21 billion, buoyed by stronger billing from industrial and high‑rise projects.
  • Earnings per share (EPS) rose from 1.89 sen to 2.47 sen in 3QFY2025.
  • No dividend was declared for the quarter, but cumulative dividends to date total RM102.01 million (1.5 sen per share), matching the prior year’s payout.

For the nine‑month period ended September 30, 2025, the company posted a net profit of RM430.18 million, a 3.9 % increase over RM413.80 million reported a year earlier. Total revenue for the same period was RM3.1 billion, slightly down from RM3.27 billion in 9M FY2024 due to a 5.1 % decline in the property‑development segment. However, the investment and asset‑management arm grew 28.4 %, and the leisure segment delivered a modest lift.

The company’s operating profit and pre‑tax profit for the nine‑month period were RM722.5 million and RM659.1 million, respectively, underscoring the resilience of its diversified portfolio. Group CEO Datuk Seri Azmir Merican highlighted that the industrial segment remains a key driver of performance, while the company’s focus on sustainable and affordable living spaces continues to resonate with market demand.

Market Context and Forward Outlook

  • Market Capitalisation: RM8.84 billion.
  • Price‑to‑Earnings Ratio: 18.47, indicating a modest valuation relative to peers.
  • Stock Performance (as of 18 Nov 2025): Closing at RM1.30, trading within a 52‑week range of RM1.07–RM1.81.

The sustained profitability, coupled with a growing investment portfolio, positions Sime Darby Property to capitalize on Malaysia’s ongoing push for sustainable development. The firm’s commitment to ESG standards—highlighted in recent regional summits—aligns with the broader industry shift toward net‑zero initiatives, potentially unlocking new growth avenues and enhancing long‑term shareholder value.

With a proven track record spanning over five decades, the company is well‑equipped to navigate the evolving real‑estate landscape, balancing economic growth with environmental stewardship. Investors should monitor the company’s quarterly releases for continued evidence of operational efficiency and strategic execution.