KUALA LUMPUR: S P Setia Bhd closed the financial year ended Dec 31, 2025 (FY25) with group sales of RM5.11bil, exceeding its full-year target of RM4.8bil.<\/p>\n
The sales figure represents a 2% year-on-year increase from RM5.02bil previously, reflecting steady execution across its development portfolio.<\/p>\n
The property developer said domestic developments contributed RM3bil, accounting for 59% of total sales, driven mainly by the Southern and Central regions, which recorded RM900mil and RM2bil respectively.<\/p>\n
The group\u2019s international projects contributed RM700mil, or 14% of total sales, underscoring its diversified portfolio and steady delivery across key markets.<\/p>\n
In the fourth quarter ended Dec 31, 2025, S P Setia\u2019s net profit more than doubled to RM275.1mil, or earnings per share of 5.50 sen, compared with RM103.6mil, or 2.09 sen, a year earlier.<\/p>\n
Revenue rose 53.3% to RM1.63bil from RM1.06bil previously.<\/p>\n
For the full year, the property developer posted a net profit of RM509.9mil on revenue of RM4.23bil.<\/p>\n
The group has continued to reduce its borrowings and improved its current net-gearing ratio to 0.33x, in alignment with its debt reduction strategies.<\/p>\n
President and chief executive officer Datuk Zaini Yusoff said the quarter\u2019s performance reflects Setia\u2019s disciplined execution, resilient operating model and continued focus on delivering quality developments.<\/p>\n
\u201cWhile we remain mindful of prevailing market challenges, the group\u2019s fundamentals remain sound. We are cautiously optimistic as we continue to strengthen our footprint across targeted high- growth segments and continue building sustainable long-term value for our stakeholders,\u201d Zaini said.<\/p>\n
Looking ahead, S P Setia expects supportive policy measures, including the extension of stamp duty exemptions and enhanced homeownership incentives under Budget 2026 Malaysia Madani to support market demand.<\/p>\n
It added that the reduced overnight policy rate is also expected to improve affordability and overall property market sentiment.<\/p>\n
On the international front, Setia Edenia in the township of EcoXuan in Ho Chi Minh City, Vietnam, with a GDV of US$81mil (RM381.1mil) remains on track for completion in 2027.<\/p>\n
The development is poised to emerge as a key landmark in the northern corridor of Ho Chi Minh City.<\/p>\n
\u201cWith these fundamentals in place, the group enters FY26 with a targeted sales ambition of RM4.6bil, reflecting continued execution focus and measured growth expectations to deliver sustainable, long-term shareholder value.\u201d<\/p>","protected":false},"excerpt":{"rendered":"
KUALA LUMPUR: S P Setia Bhd closed the financial year ended Dec 31, 2025 (FY25) with group sales of RM5.11bil, exceeding its full-year target of RM4.8bil. The sales figure represents a 2% year-on-year increase from RM5.02bil previously, reflecting steady execution across its development portfolio. The property developer said domestic developments contributed RM3bil, accounting for 59% […]<\/p>\n","protected":false},"featured_media":39398,"template":"","news_category":[],"township-news":[],"venues-news":[],"class_list":["post-39395","news","type-news","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/news\/39395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/media\/39398"}],"wp:attachment":[{"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/media?parent=39395"}],"wp:term":[{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/news_category?post=39395"},{"taxonomy":"township-news","embeddable":true,"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/township-news?post=39395"},{"taxonomy":"venues-news","embeddable":true,"href":"https:\/\/spsetia.com\/zh\/wp-json\/wp\/v2\/venues-news?post=39395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}