KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
Headline Numbers
Net Profit: RM91.71m (+50% YoY)
EPS: 3.5 sen
Revenue: RM130.16m (+31% YoY)
1H2025 Net Profit: RM165.66m (+50% YoY)
1H2025 Revenue: RM282.27m (+67% YoY)
Key Drivers
Progressive billings from 4 projects:
Bamboo Hills Residences
Aster Hill
Laurel Residence
Medical centre in Bangsar South
New property sales: RM413m (mainly from Bamboo Hills, Laurel, Aster Hill & Duo Tower)
Unbilled sales: ~RM888m (strong earnings visibility ahead).
Other Highlights
No dividend declared this quarter.
Stock performance: +2 sen to RM1.77 at midday (market cap: RM4.7b).
Takeaway
UOA Development continues to post strong double-digit growth, underpinned by healthy new sales and RM888m unbilled sales ensuring forward revenue visibility. The group is leveraging prime projects in Bangsar South & city fringe locations to sustain momentum.
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