• UEM Sunrise also surpassed its full-year sales target ahead of schedule, achieving RM1.08 billion in property sales against its RM1.05 billion target. Unbilled sales were RM2.1 billion, providing earnings visibility over the next 18 to 36 months.

KUALA LUMPUR (Nov 27): UEM Sunrise Bhd delivered a steady performance for the nine months ended Sept 30, 2025, driven by stronger earnings and revenue momentum.

Profit After Tax and Non Controlling Interests (PATANCI) rose 23% from a year ago to RM61.4 million, supported by a 60% jump in revenue to RM1.3 billion.

UEM Sunrise stated in a media release that it also surpassed its full-year sales target ahead of schedule, achieving RM1.08 billion in property sales against its RM1.05 billion target. Unbilled sales were RM2.1 billion, providing earnings visibility over the next 18 to 36 months.

UEM Sunrise continues to strengthen its balance sheet with net gearing improving from 0.43 times to 0.38 times, the lowest since 2019, while cash and bank balances including short-term investments rose 47% year-on-year.

For the third quarter, the company recorded RM417.8 million in revenue, up 13% quarter-on-quarter, with property development contributing 82% of total revenue.

Ongoing projects like The MINH in Mont’Kiara, The Connaught One in Cheras, and Residensi ZIG in Kiara Bay in Central region as well as Aspira Hills, Aspira LakeHomes and DiReka Square in Southern region delivered strong sales. PATANCI moderated to RM18.5 million due to higher finance costs and income tax expenses but was partially cushioned by improved operating margins and joint venture contributions.

Newly-appointed managing director and CEO of UEM Sunrise, Shaharul Farez Hassan, said the results reflect consistent operational discipline and sustained demand across regions.

“Surpassing our full-year sales target ahead of the fourth quarter underscores the strength of our portfolio offerings and the commitment of our people. I extend my appreciation to all UEM Sunrise employees and the C-Suites for their continued efforts, especially to the former officer-in-charge, Hafizuddin Sulaiman, for steering the company during the transition period.

“With improving market sentiment, supportive national policies including the Johor-Singapore Special Economic Zone and the momentum of our U2030 transformation, we remain confident of delivering on our commitments for the year,” he added.

The company handed over 1,836 units across five residential projects totalling RM1.7 billion in GDV. KAIA Heights Phase 2 reached its topping-out milestone in October, with completion targeted for the first half of 2026.

“Overall, the Company remains on track to achieve its RM2.0 billion GDV launch target for 2025, supported by upcoming attainable and upgrader landed homes in Iskandar Puteri. Its growth trajectory continues to be anchored on financial discipline, strategic land-banking and capturing the long-term opportunities, particularly within the Southern region,” stated UEM Sunrise.

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