IOI Properties Reports 45% Revenue Increase to RM4.44 Billion for FY2026

IOI Properties Group Berhad (IOIPG) has announced a significant financial performance for its fiscal year ending June 30, 2026, with revenue soaring by 45% to RM4.44 billion, a notable increase from RM3.06 billion in the previous fiscal year.

This robust growth is attributed to the exceptional performance across IOIPG's three core business segments. The property development sector saw a 35% revenue increase, while property investment experienced a substantial 49% rise. The hospitality and leisure segment demonstrated the most impressive growth, with a 79% increase in revenue.

Profit before tax (PBT) also saw a significant jump of 82% to RM2.65 billion, compared to RM1.45 billion in the prior year. This increase was largely bolstered by a RM502.8 million gain from the revaluation of South Beach. Excluding exceptional items, the group's underlying PBT surged by 91% to RM1.30 billion, primarily driven by strong contributions from its core segments.

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This performance proves the effectiveness of our strategy to diversify revenue streams, leverage demand in the industrial sector, and launch products that meet market needs, in addition to increasing productivity and efficiency in all three core segments.

Datuk Lee Yeow Seng, Group Chief Executive Officer of IOIPG, stated that the FY2026 achievements reflect the integrated efforts of every team in meeting the group's objectives, despite facing global economic challenges and ongoing geopolitical tensions. He highlighted the effectiveness of their strategy in diversifying revenue streams, capitalizing on industrial sector demand, and launching market-responsive products, alongside enhancing productivity across the three core segments.

Looking ahead to FY2027, IOIPG acknowledges the potential continuation of global economic challenges and geopolitical risks. However, the group maintains a cautiously optimistic outlook on its financial performance, supported by sustained demand for diverse property offerings and increasing contributions from the Property Investment segment. In line with this performance, IOIPG has declared an interim dividend of 8.0 sen and a special dividend of 8.0 sen, bringing the total dividend for FY2026 to 16.0 sen.

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Entering fiscal year 2027, we acknowledge that global economic challenges and geopolitical risks may continue. However, the group remains cautiously optimistic about financial performance, supported by strong demand for diverse property products and increasing contributions from the Property Investment segment.