KUALA LUMPUR: KSL Holdings Bhd registered a higher net profit of RM526.01 million in the financial year ended Dec 31, 2025 (FY2025), in line with higher revenue and revaluation of property investment assets in the Johor Singapore-Special Economic Zone (JS-SEZ).
The property developer said in a Bursa Malaysia filing that the company recorded a net profit of RM472.08 million in the same period last year.
For FY2025, KSL Holdings recorded an improved revenue of RM1.51 billion as compared to RM1.37 billion in FY2024.
For the fourth quarter of FY2025, it reported RM258.40 million, supported by revenue of RM548.66 million.
The developer viewed the fourth quarter as closing the year on a stable and encouraging note.
“Supported by resilient market fundamentals, progressive infrastructure developments, and continued policy support, the outlook remains constructive, positioning the group for sustainable growth moving into 2026,” it said.
Its Executive Director, Khoo Lee Feng, said as JS-SEZ continues to gain traction, the group is accelerating their development pipeline to meet the growing homeownership demand.
“For FY2026, we are focusing on integrated township projects, complemented by selective high- rise developments to capitalise on the property upcycle in Johor.
“We remain committed to disciplined execution across our sizeable 2,023.42 hectares landbank, predominantly situated within the JS-SEZ.
“This strategically positioned landbank supports a sustainable development pipeline over the next 10 to 15 years, providing the group with earnings visibility while capturing future growth opportunities,” she said in a statement.
Building on the positive demand, Khoo said the group has set a property sales target of RM1.6 billion for FY2026, underpinned by upcoming integrated township developments and sustained demand for well-located homes across Johor.
At the same time, she said the group’s property investment segment would be further strengthened by ongoing asset enhancement initiatives, including tenant mix optimisation, rental yield adjustments, and event hall expansions, all aimed at enhancing recurring revenue streams.
The group declared a final single-tier dividend of 10 sen per share for FY2025, bringing the dividend payout for the year to RM109.4 million.
The proposed dividend distribution represents a payout ratio of 26.4 per cent of core net profit, excluding the fair-value gains. – BERNAMA
