PETALING JAYA – Pesona Metro Holdings Bhd recorded a significantly improved financial performance for the financial year ended Dec 31, 2025 (FY2025), supported by stronger project execution, improving construction margins and growing contributions from its property development segment.
The construction-to-property group reported revenue of RM705.9 million for FY2025, representing a 38% increase from RM511.9 million recorded in FY2024.
Profit before tax (PBT) surged 162% to RM66.0 million compared with RM25.2 million a year earlier, while gross profit more than doubled to RM112.5 million from RM53.6 million. Total equity attributable to shareholders also strengthened by 20% to RM207.5 million, supported by higher retained earnings.
The results were presented during the company’s 15th Annual General Meeting, where all resolutions tabled were approved by shareholders.
The most important lesson from Pesona Metro’s FY2025 results is the successful diversification of its earnings base. While construction remains the group's core business, property development emerged as the largest contributor to profitability during the year.
This demonstrates the effectiveness of the company’s strategy of combining recurring construction income with higher-margin property development activities, creating multiple earnings drivers and reducing dependence on a single business segment.
Another notable takeaway is the significant improvement in profitability. Revenue growth of 38% translated into a much larger increase in earnings, with PBT rising 162%. This suggests that the group benefited not only from higher project volumes but also from improved margins and better operational efficiency.
Construction continued to serve as the foundation of the group’s operations.
The division generated revenue of RM483.1 million and PBT of RM21.3 million during FY2025. More importantly, Pesona Metro ended the year with an outstanding construction order book of approximately RM2.3 billion across eight ongoing projects.
The sizeable order book provides strong earnings visibility for FY2026 and beyond, ensuring a steady flow of construction work while supporting future revenue recognition.
Management is also targeting RM500 million in new contract awards during FY2026, reflecting confidence in the group's ability to secure additional projects from both the public and private sectors.
The standout performer in FY2025 was the property development division, which generated revenue of RM194.0 million and PBT of RM43.3 million.
On a segment basis, property development contributed the largest share of group profit before tax, highlighting the increasing importance of this business segment to the company’s overall growth strategy.
The division is anchored by REN Residensi, the group's flagship development with an estimated gross development value (GDV) of approximately RM810 million.
As at the end of December 2025, the project had achieved around 80% sales take-up while construction progress reached 42.9%, indicating healthy market demand and providing a pipeline of future revenue and earnings as development progresses.
A third pillar supporting the group's performance is its concessionaire business, which manages and maintains student accommodation facilities for Universiti Malaysia Perlis under a long-term concession agreement extending until 2036.
The division contributed revenue of RM28.9 million and PBT of RM11.8 million during FY2025, supported by recurring monthly receipts of approximately RM2.3 million.
This recurring income stream provides stability to the group's earnings profile and helps cushion fluctuations that may arise from the cyclical nature of construction and property development activities.
The board declared an interim single-tier dividend of 1.4 sen per share, amounting to RM9.7 million, representing approximately 25% of profit attributable to shareholders.
The dividend reflects management’s confidence in the group's financial position while rewarding shareholders for the improved performance.
Looking ahead, Pesona Metro remains cautiously optimistic about FY2026.
The group enters the new financial year with three key strengths: a RM2.3 billion construction order book that provides long-term earnings visibility, a progressing property development pipeline led by REN Residensi, and recurring concession income secured through 2036.
Combined with its target of securing RM500 million worth of new contracts, the company appears well-positioned to sustain growth across its construction, property development and concession businesses.
Overall, FY2025 marked a transformational year for Pesona Metro, demonstrating how a diversified business model, stronger project margins and a balanced mix of recurring and development income can drive substantial growth in both revenue and profitability.
Yao Mu Realty, based in Kuala Lumpur, Malaysia, specializes in industrial real estate for factories and land, delivering professional and efficient solutions.
Posted by Yao Mu Realty Sdn Bhd on 26 Jun 26
Malaysia