KUALA LUMPUR (Jan 27): Country View Bhd (KL:CVIEW) has more than doubled its dividend payout for the fourth quarter of FY2025, following a 79.4% year-on-year increase in net profit driven by higher revenue.
The Johor-based property developer declared a fourth interim single-tier dividend of 13 sen per share, bringing the total payout for the year to 53 sen, up from 15 sen in FY2024. The dividend is scheduled for payment on March 16.
Net profit for the quarter ended Nov 30, 2025, rose to RM18.78 million from RM10.47 million a year ago, while earnings per share increased to 18.78 sen from 10.47 sen. Quarterly revenue jumped 41.1% to RM83.63 million from RM59.27 million previously, according to a Bursa Malaysia filing.
The strong performance was attributed to progress on Aurora Avenue (AA) three-storey semi-detached shops in Aurora Sentral, Iskandar Puteri, the sale of bumi-release units at higher prices, and the sale of a commercial land parcel in Taman Nusa Indah, Iskandar Puteri.
The stellar quarter contributed to record full-year results, with net profit hitting RM82.3 million, more than triple FY2024’s RM25.55 million. Full-year revenue surged 94.3% to RM379.68 million from RM195.39 million, marking the company’s strongest financial performance to date.
Country View highlighted continued growth in the Johor Bahru property market, driven by robust infrastructure projects, including the Gemas–Johor Bahru electrified double-track rail, and initiatives such as the Johor-Singapore Special Economic Zones (JS-SEZ). Rising foreign and domestic investments, particularly from Singapore, continue to support demand for residential, commercial, and industrial land in Johor, as well as related factory developments in nearby industrial hubs.
“With property prices in Iskandar Malaysia still relatively lower than Singapore, the region remains highly attractive for investment and homeownership,” the company said.
Looking ahead to FY2026, Country View expects growth to be driven by ongoing sales and construction progress at Taman Nusa Sentral, Aurora Resort Villas, and the AA shops in Aurora Sentral, Iskandar Puteri.
On Tuesday, Country View shares closed at RM1.96, up six sen or 2.07%, giving the group a market capitalisation of RM296 million. The stock has gained 57% over the past 12 months, reflecting investor confidence in the Johor property market and its broader industrial and commercial development potential, which includes opportunities in office space in Bukit Jalil, industrial property in Selangor, and commercial property in KL.
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