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Chin Hin Group Property posts sharp profit surge as property segment drives FY25 growth

KUALA LUMPUR: Chin Hin Group Property Bhd, a leading Malaysian residential developer, today reported a strong financial performance for the nine months (9M) ended September 30, 2025 (FY25), driven primarily by robust sales and improved project execution within the property development segment.

For the period, the group recorded a profit before tax (PBT) of RM60.8 million, a 92% increase from RM31.6 million in 9M FY24.

Net profit doubled to RM46.0 million, from RM22.2 million in the previous corresponding period.

The group’s 9M revenue grew 30% year-on-year to RM682.9 million from RM525.0 million posted in 9M FY24, driven by stronger sales and steady progress in billing recognition from its ongoing projects, including Quaver, Ayanna, Avantro, Crown, Andalan, Dawn, Aricia and Botanica Hills.

Revenue for the property development surged to RM612.2 million in the 9M of FY25 from RM155.3 million posted in the 9M of FY24.

Segment PBT jumped to RM69.7 million, from RM3.1 million last year.

The substantial improvement was supported by higher sales across multiple projects and by improved project maturity beyond the early inception stage.

Gross profit for the group more than doubled to RM145.9 million, reflecting enhanced margins and operational efficiencies.

Following the group’s earlier decision to divest the commercial vehicle division, this segment’s operations remained stable during the period, with revenue of RM70.7 million and PBT of RM0.9 million, compared to RM48.1 million and RM0.7 million, respectively, in 9M FY24.

For the third quarter (Q3) of FY25, revenue grew 25% YoY to RM265.1 million, while PBT rose to RM19.4 million, from RM6.0 million in Q3 FY24.

Property development contributed RM240.7 million in quarterly revenue, up from RM81.6 million in the same quarter a year ago.

As of September 30, 2025, total unbilled sales stood at RM2.3 billion, providing strong earnings visibility into FY26 and FY27.

The group is also preparing to launch several new residential projects across the Klang Valley and Southern Region over the coming quarters.

Chin Hin Group Property CEO Chang Tze Yoong said the company’s priorities remain consistent — disciplined project execution, building products that match real demand, and maintaining financial resilience.

“While the market remains competitive, we are seeing healthy take-up across our developments, especially from first-time buyers and young families.

“With a more streamlined business structure, we are well-positioned to scale our residential portfolio and deliver sustainable returns over the coming years,” he said.

Chin Hin Group Property expects the property development segment to remain the main driver of earnings moving forward, supported by a strong pipeline of ongoing projects, upcoming launches in the Klang Valley and Southern Region and a stable market demand for affordably priced and mid-tier urban residential units.

Looking ahead, Chin Hin Group Property’s earnings visibility remains strong with RM2.3 billion in unbilled sales and several new residential launches scheduled across the Klang Valley and Southern Region.

The group will continue to focus on disciplined execution and market-driven product planning to deliver sustainable growth in the coming financial year.

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