IOI Properties’ Full Year Profit Drops 50% To RM1 Billion

IOI Properties Group Berhad registered a marginal growth in revenue, recording RM3.06 billion for the financial year ended 30 June 2025. The growth was underpinned by the robust performance of the Property Investment and Hospitality & Leisure segments, which registered significant growth of 46% and 70% respectively, mitigating the lower performance of the Property Development segment.

Profit after tax in FY2025 declined by 50% to RM1 billion, compared to the RM2 billion reported in the last financial year. The softer performance was primarily attributable to lower fair value gains from investment properties and higher interest expense following the commencement of operations of IOI Central Boulevard Towers. Nonetheless, this performance demonstrates the Group’s resilience in navigating economic fluctuations and business cycles.

In FY2025, the Property Development segment achieved sales of RM1.81 billion. Local projects contributed RM1.62 billion, accounting for 89% of total sales, while projects in the People’s Republic of China and Singapore contributed RM187.6 million, or 11% of the total sales.