Sime Darby Property Bhd. · MYX:SIMEPROP
Sime Darby Property Bhd — Q3 2025 Earnings Presentation
39 slides from Sime Darby Property Bhd's earnings presentation, Nov 20, 2025
Slide 1: Q3 FY2025 Financial Results Analyst Briefing Presentation
Q3 FY2025 FINANCIAL RESULTS ANALYST BRIEFING PRESENTATION 20 November 2025 simedarbyproperty.com
Slide 2: Table of Contents
Table of Contents Page 1. 9M FY2025 Key Highlights 4 2. Key Corporate Developments & Awards 7 3. Financial Performance for Q3 FY2025 & 9M FY2025 17 4. Operational Performance for Q3 FY2025 & 9M FY2025 23 5. Battersea Power Station Updates 29 6. Malaysian Economy & Property Sector Outlook 31 7. Strat
Slide 3: Purpose, Vision, Mission and Values
PURPOSE To be a Value Multiplier for people, businesses, economies and the planet VISION MISSION VALUES Advancing real estate as a To develop, own and manage a T - Together we do what's right force for collective progress, in thriving asset portfolio that E - we lead with Excellence harmony with the
Slide 4: Key Highlights
Key Highlights Nine Months (9M FY2025) The Eighth, Elmina Green 4
Slide 5: 9M FY2025 Financial Highlights
9M FY2025 Financial Highlights • Recorded robust 9M FY2025 financial performance supported by resilient market demand and solid operational execution • Achieved revenue of RM3.1b and operating profit of RM722.5m, driven by strong performance across all business segments • Recorded PBT of RM659.1m (h
Slide 6: 9M FY2025 Operational Highlights
9M FY2025 Operational Highlights • Highest nine-month sales achieved of RM3.4b, representing 93% of full year sales target of RM3.6b • Unbilled sales surpassed RM4.0b mark for the first time, reaching RM4.1b in 9M FY25 • Industrial products remained as the top sales contributor accounting for 38%, f
Slide 7: Key Corporate Developments & Awards
Key Corporate Developments & Awards The West Course, TPC Kuala Lumpur 7
Slide 8: Sime Darby Property - Brand Refresh
Sime Darby Property - Brand Refresh (18 September 2025) SDP unveiled a refreshed brand identity anchored on purpose and legacy, designed to resonate with today’s audiences while reaffirming our identity as a trusted leader and nation-builder Refreshed brand identity marks a pivotal milestone in SDP’
Slide 9: Maybank LPGA Championship 2025
Maybank LPGA Championship 2025 (30 October – 2 November) Sime Darby Property hosted the 2025 LPGA-Maybank Championship successfully for the 3rd consecutive year at Kuala Lumpur Golf & Country Club (“KLGCC”) Miyu Yamashita crowned champion during the 2025 LPGA-Maybank Championship held at KLGCC 99
Slide 10: Strategic JV between SDP & SD Guthrie for Kuala Selangor
Strategic JV between SDP & SD Guthrie for Kuala Selangor (7 November 2025) Sime Darby Property to undertake holistic master planning for the development of next-Gen Industrial Corridor Sime Darby Property Berhad and SD Guthrie Berhad have agreed to develop a next-generation industrial and logistics
Slide 11: Residential Solar Project in City of Elmina
Residential Solar Project in City of Elmina (26 September 2025) Sime Darby Property launched Malaysia’s first residential solar project under the NETR framework, marking a major milestone in community-based renewable energy adoption Sime Darby Property Launches Nation's First Residential Solar Proje
Slide 12: FIABCI Malaysia Property Award 2025
FIABCI Malaysia Property Award 2025 Sime Darby Property awarded two major accolades at the FIABCI Malaysia Property Award 2025, reaffirming our position as one of the nation’s leading property developers - including recognition for Elmina Lakeside Mall in the Retail Category (up to 500,000 sq. ft.)
Slide 13: The Edge Top Property Developers Awards 2025
The Edge Top Property Developers Awards 2025 Ranked No. 1 at The Edge Malaysia Top Property Developers Awards 2025 for the second consecutive year and awarded the top spot in the ‘Best in Qualitative Attributes’, underscoring our commitment to quality, innovation and sustainable development practice
Slide 14: The Edge Billion Ringgit Club 2025
The Edge Billion Ringgit Club 2025 Received the Highest Returns to Shareholders Over Three Years award in the Property Sector (above RM3 billion Market Cap category) at The Edge Billion Ringgit Club, marking our debut win The Edge Billion Ringgit Club 2025 Highest Returns to Shareholders over Three
Slide 15: KLGCC Mall
KLGCC Mall Celebrated the soft opening of the Group’s third wholly-owned mall on 24 October 2025, achieving a Anchor Tenants strong occupancy rate of 90% and further strengthening the KLGCC Resort ecosystem with a lifestyle retail destination ➢ Strategically located within the 360-acre KLGCC Resort
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Slide 17: Financial Performance
Financial Performance Third Quarter (Q3 FY2025) Nine Months (9M FY2025) Jendela Residences, KLGCC Resort 17
Slide 18: Profit & Loss Performance
Profit & Loss Performance • Overall financial performance remained robust, underpinned by the Group’s highest quarterly revenue of RM1.2 billion (+14.1% QoQ) • The Group recorded 9M FY25 Revenue and Gross Profit at RM3.1 billion and RM1.1 billion, respectively • Recorded PBT of RM659.1m (highest nin
Slide 19: Revenue & PBT Analysis: Property Development
Revenue & PBT Analysis: Property Development PD’s Revenue & PBT recorded at RM2.9b and RM624.2m, respectively, driven by strong sales performance and steady on-site development progress across major townships Property Development QoQ YoY Revenue Revenue 14.6% 5.1% 3,103.6 1,300.0 1,140.8 RM mil 2,70
Slide 20: Revenue & PBT Analysis: Investment & Asset Management
Revenue & PBT Analysis: Investment & Asset Management • Registered revenue growth of 28.4% YoY to RM123.1m driven by strong retail performance and industrial assets contribution • PBT with a turnaround to RM41.5m on the back of improved overall performance and lower share of losses from JVs Investme
Slide 21: Cash and Debt as at 30 September 2025
Cash and Debt as at 30 September 2025 • Cash balance remains strong at RM755.6m, supported by positive net operating cash flow of RM135.2m • Net gearing increased to 34.0% (from 24.3% in Dec 2024), mainly to fund investment capex for DC projects and land acquisition in Melbourne Cash & Cash Equivale
Slide 22: Property Development Inventories as at 30 September 2025
Property Development Inventories as at 30 September 2025 • Total stocks (GDV) reduced by RM905 mil (or -22%) to RM3,269 mil as at 30 September 25 (vs RM4,174 mil as at June 25) • 69.5% or RM2.3b of total stocks (GDV) comprise from New Launches, indicating healthy aging • Completed inventories remain
Slide 23: Operational Performance
Operational Performance Nine Months (9M FY2025) Urban Park at Elmina Lakeside Mall, City of Elmina 23
Slide 24: Sales Achieved by Product Type and Location
Sales Achieved by Product Type and Location • Achieved strongest quarterly and nine-month sales performance of RM1.3b & RM3.4b, respectively • Industrial products remain as the top sales contributor at 38%, followed by Resi. Landed 25% & Resi. High-rise 23% • Commercial contribution increased to 13%
Slide 25: Sales Performance Breakdown (by Product Type & Year)
Sales Performance Breakdown (by Product Type & Year) • Achieved highest quarterly and nine-month sales performance of RM1.3b and RM3.4b, respectively, representing 93% of full year sales target of RM3.6b as at 9MFY2025 • Diversified product mix with industrial products as the top sales contributor a
Slide 26: Unbilled Sales as at 30 September 2025
Unbilled Sales as at 30 September 2025 • Unbilled sales increased to its highest level at RM4.1b, with cover ratio • Majority of unbilled sales located within Greater Klang Valley region maintained at 1.0x • 56% and 44% split between Township & Integrated Development • Strong earnings and cash flow
Slide 27: Q3 FY2025 Launches – Residential Landed
Q3 FY2025 Launches – Residential Landed • RM201.4m worth of Residential Landed products launched in Q3 FY25 • Total GDV for Residential Landed amounted to RM1,045.8m in 9M FY25 with average take-up rate of 67% Q3 FY2025 Launches 9M FY2025 Review Residential Landed RM1,045.8m Residential Landed GDV l
Slide 28: Q3 FY2025 Launches – Industrial
Q3 FY2025 Launches – Industrial • RM117.6m worth of Industrial products launched in Q3 FY25 • Total GDV launch for Industrial products amounted to RM548.4m in 9M FY25 Q3 FY2025 Launches 9M FY2025 Review Industrial RM548.4m Industrial GDV launched in 9M FY25 103 Sept 2025 XME Business Park 2 – XME 3D
Slide 29: Battersea Power Station Updates
Battersea Power Station Updates Battersea Power Station 29
Slide 30: Battersea Power Station Updates
Battersea Power Station Updates • Take-up rates for Phase 3B (Koa – Electric Boulevard) residential component increased to 85% (+7% QoQ) • New step-free Underground entrance provides direct access to Electric Boulevard high street, improving overall connectivity and accessibility Key updates Residen
Slide 31: Malaysian Economy & Property Sector Outlook
Malaysian Economy & Property Sector Outlook Aerial view of KLGCC Resort 31 31
Slide 32: Macroeconomic & Sector Outlook
Macroeconomic & Sector Outlook • Malaysia’s GDP grew by 5.2% in Q3 FY2025 driven by sustained household spending and expansion in investment activity • Approved foreign investments rose 43.5% YoY to RM106.8b, reaffirming Malaysia’s position as an attractive investment hub Malaysia’s Q3 2025 GDP expa
Slide 33: Moving Forward: Our Strategy
Moving Forward Our Strategy Aerial view of Bukit Cherakah Forest Reserve 33
Slide 34: FY2025 Launch Plan
FY2025 Launch Plan ~RM1.5b in GDV with 1,160 units are expected to be launched in Q4 FY25 (TD: RM0.7b & ID: RM0.8b) FY25 Planned Launches 9M FY25 Launches FY25 Remaining Launches GDV GDV GDV Units % GDV Units GDV (%) Units GDV (%) (RM bil) (RM bil) (RM bil) Township Development 1,521 2.6 66% 1,418 1
Slide 35: FY2025 Guidance
FY2025 Guidance Approaching tail-end of SHIFT25, the Group remains in execution-mode in its transformation journey of becoming a Diversified Real Estate Company Our Our Purpose Purpose To be a Value Multiplier for people, businesses, SHIFT25 Strategy remains intact and aligned with our Purpose, Visi
Slide 36: Investment Proposition
Investment Proposition KLGCC Clubhouse 36
Slide 37: Investment Proposition
Investment Proposition Clarity of purpose, strengthened fundamentals and track record for growth Strong Financial Performance Revenue Visibility 9M FY2025 Revenue 9M FY2025 Sales RM3,146.3 million RM3,365.5 million Bookings RM1.5 billion (as at 16 November 2025) 9M FY2025 Profit Before Tax Unbilled
Slide 38: Investment Proposition
Investment Proposition Towards greater income diversification and value multiplication Outlook for FY2025 Income & Product Diversification On track to achieve Sales & GDV Transformation journey towards a Real Estate Launch Targets Company by 2025 • GDV Launch – RM4.0 billion • Sales Target – RM3.6 b
Slide 39: Thank you | Q&A
Thank you | Q&A Sime Darby Property Berhad 197301002148 (15631-P) No. 2, Jalan PJU1A/7A Ara Damansara 47301, Petaling Jaya Selangor, Malaysia simedarbyproperty.com
Sime Darby Property Berhad — Q3 2025 Earnings Presentation on 6ix