The Sun Biz

Chin Hin Group Property Bhd delivered a strong financial performance for the first nine months of FY25, with profit before tax nearly doubling on the back of robust property sales and steady project progress. Revenue rose 30% to RM682.9 million, supported by solid take-up across developments such as Quaver, Ayanna and Avantro, while unbilled sales of RM2.3 billion provide clear earnings visibility into the coming years. The group remains focused on disciplined execution and expanding its residential pipeline across the Klang Valley and Southern Region.

Powerwell Holdings Bhd delivered a strong Q2 FY26 performance with revenue rising 35.1% to RM39.2 million, supported by higher deliveries and contributions from its fire suppression units. Net profit climbed to RM5.2 million, driving the group’s best-ever first-half results with RM75.1 million in revenue and RM9.4 million in earnings. Backed by a healthy RM105 million order book and growing demand from data centre and infrastructure projects, Powerwell remains optimistic about its prospects for FY26.

Chin Hin Group Property Bhd has acquired two leasehold parcels in Taman Puncak Jalil, Selangor, for RM91 million to develop 380 units of 3-storey terrace homes. The RM560 million-GDV project marks a strategic shift toward high-demand landed products and is targeted for launch in late 2026, further expanding the group’s presence across key growth corridors in Greater Kuala Lumpur.

Resintech Bhd delivered a steady first-half performance for FY26, recording a 19.1% year-on-year rise in revenue to RM73.88 million, supported by sustained demand across Malaysia and regional markets. While Q2 results moderated after an exceptional surge in orders ahead of the SST expansion, the group maintained stable profitability and stronger year-on-year margins, underpinned by operational efficiency and firm demand for core pipe systems. With a solid asset base and continued infrastructure spending under national and state initiatives, Resintech remains cautiously optimistic as it focuses on efficiency, product demand, and growth opportunities in renewable energy components and regional markets.

Paragon Globe Bhd delivered a strong first-half performance for FY26, with revenue rising 28.6% year-on-year to RM108.11 million and net profit more than doubling to RM29.94 million. The group’s Q2 results were bolstered by land sales in Desa Cemerlang and Tanjung Kupang, robust industrial demand, and sustained contributions from its property and rental portfolio. Its inaugural high-rise project, Calia Residences in Danga Bay, saw a 90% take-up for Tower A, underscoring solid market confidence as the group prepares for upcoming launches that are expected to support earnings through FY27 and FY28.