“UOA Development posted a 50% rise in 4QFY2025 net profit driven by investment property revaluation gains, while revenue declined amid slower progress billings.”
Kuala Lumpur, 25th February 2026, 03.30pm – UOA Development Berhad reported a strong increase in net profit for the fourth quarter ended Dec 31, 2025 (4QFY2025), supported by a significant revaluation surplus on its investment properties, although revenue declined due to slower construction progress billings.
The property developer recorded a 50.3% rise in quarterly net profit to RM192.76 million, compared with RM128.21 million in the same period a year earlier. Revenue for the quarter fell 25.6% to RM174.72 million from RM234.86 million previously.
The group said earnings were primarily driven by progressive revenue recognition from several ongoing developments, including Bamboo Hills Residences, a medical centre project in Bangsar South, Aster Hill, and Duo Tower.
A key contributor to the improved profitability was a revaluation surplus of RM169.2 million recorded on investment properties, substantially higher than RM44.24 million reported in the corresponding quarter last year. Operational performance remained stable, with gross profit margin easing slightly to 35.48% from 37.38%.
The board of directors declared a final dividend of 10 sen per share, unchanged from the previous financial year, subject to shareholders’ approval at the upcoming annual general meeting.
For the full financial year, net profit surged 65% to RM474.04 million compared with RM287.3 million previously, while annual revenue increased 23.6% to RM674.29 million from RM545.7 million, according to a filing with Bursa Malaysia.
New property sales reached RM672.9 million, supported mainly by contributions from Bamboo Hills Residences, Duo Tower, Aster Hill and Laurel Residence. As at Dec 31, 2025, the group’s unbilled sales stood at RM656.5 million, providing earnings visibility moving forward.
Looking ahead, the company said it will continue evaluating strategic land acquisition opportunities to strengthen its long-term development pipeline.
At Wednesday’s midday trading break, UOA Development shares were unchanged at RM1.92, giving the group a market capitalisation of approximately RM5.1 billion. The stock has gained about 8.5% over the past 12 months.
