“Oriental Interest Bhd posts RM45.5 mil Q3 profit, up 80% YoY, driven by strong property sales and revenue growth from ongoing and new developments.”
Kuala Lumpur, 25th July 2025, 01.30pm – Oriental Interest Bhd (OIB) reported a substantial increase in net profit to RM45.48 million for its third quarter ended May 31, 2025 (3QFY2025), a 80% jump from RM25.23 million recorded in the same quarter last year.
In a filing to Bursa Malaysia today, the group attributed the performance to a strong showing in its core property development segment, which saw revenue grow by 95% year-on-year to RM305.25 million, compared to RM180.42 million previously.
“This growth was largely driven by higher revenue recognition from the construction progress of ongoing projects, as well as contributions from newly launched developments,” said OIB.
Despite prevailing economic headwinds and challenges in Malaysia’s property market, the group noted it continues to chart an upward trajectory in both revenue and profitability. The positive momentum, it said, reflects strong demand for its projects and the market’s confidence in its product offerings.
As of the end of the reporting quarter, OIB’s unbilled property sales stood at approximately RM428.14 million — a solid pipeline that supports its outlook for sustained earnings growth.
“With healthy bookings and robust sales momentum, Oriental Interest remains optimistic about delivering another strong year in FY2025,” the company said.
