Suria Capital Holdings Bhd.MYX: SURIA

SuriaGroup Strengthens Earnings Base in FY2025 with Property Development Revenue and Resilient Port Performance

· Issued by Suria Capital Holdings Bhd.


PRESS RELEASE

SURIAGROUP STRENGTHENS EARNINGS BASE IN FY2025 WITH PROPERTY DEVELOPMENT REVENUE AND RESILIENT PORT PERFORMANCE

27 February 2026 - Suria Capital Holdings Berhad ("Suria" or "SuriaGroup") today announced its consolidated financial results for the fourth quarter and financial year ended 31 December 2025 ("FY2025"), marking a transitional year as the Group strengthened its earnings base through the integration of property development income while maintaining resilient port operations.

For FY2025, SuriaGroup recorded total revenue of RM277.77 million, compared to RM271.03 million in the preceding financial year. Profit before tax (PBT) stood at RM61.53 million, while profit after tax (PAT) amounted to RM46.53 million.

For the fourth quarter ended 31 December 2025 ("Q4 2025"), the Group registered revenue of RM62.21 million, with PBT of RM2.20 million and PAT of RM3.39 million, reflecting improved earnings momentum as revenue recognition from its waterfront development project gained traction.

The financial performance for FY2025 reflects two key dynamics. First, the commencement of revenue recognition under Joint Development Agreement 1 for the Jesselton Docklands project marked a significant milestone in monetising the Group's strategic waterfront land assets. This represents a structural enhancement to Suria's earnings profile, broadening its income streams beyond core port operations.

Operationally, the port segment remained the Group's core recurring earnings base. Cargo throughput remained stable during the year, with activities continuing to be supported by Sabah's import and export trade flows, including palm oil-related cargoes, manufacturing activities, and consumer goods. The Group continues to benefit from operational improvements and enhanced connectivity following the strategic collaboration at Sapangar Bay Container Port, providing recurring earnings support.

The logistics and bunkering segments delivered steady performance, while ferry terminal operations recorded improved passenger movements, reflecting Sabah's continued tourism recovery. Together, these segments reinforce Suria's diversified and resilient earnings platform.

As at 31 December 2025, the Group maintained a strong balance sheet with total assets of RM1.43 billion and shareholders' equity of RM1.18 billion. The Group's prudent capital management provides sufficient financial flexibility to support ongoing development commitments and future growth initiatives.

Looking ahead, SuriaGroup remains focused on enhancing operational efficiency across its port network, accelerating subsequent phases of Jesselton Docklands, and expanding complementary infrastructure-related investments. The progressive development of its waterfront assets is expected to contribute recurring commercial and hospitality income streams over the medium term, strengthening earnings visibility and long-term shareholder value creation.

With a resilient core business, diversified revenue streams and disciplined financial management, Suria is strategically positioned to deliver sustainable growth and enhanced returns in the coming financial years.

For media inquiries, please contact:

Group Corporate Affairs and Communication Tel: 088-257788; HP: 016 - 855 0821 (Maxson)

Email: maxson@suriaplc.com.my

Earlier from Suria Capital Holdings Bhd

All Suria Capital Holdings Bhd news releases