KLCCP Stapled Group's Net Profit Rises To RM1.28 Bln In FY2025

KUALA LUMPUR, Jan 29 (Bernama) -- KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), increased its net profit to RM1.28 billion in the financial year ended Dec 31, 2025, (FY2025) from RM1.02 billion in the preceding year.

Revenue also rose to a record RM1.74 billion from RM1.71 billion previously.

In a statement, the group said the fair value gains on investment properties further contributed to the increase in profit before tax (PBT) of RM1.4 billion, reflecting its continued strength driven by asset quality and operational stability.

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It said FY2025 saw the retail segment achieve a PBT of RM450.9 million, up 2.8 per cent while footfall grew by nine per cent.

“This growth reflects Suria KLCC’s continuous efforts in curating a dynamic mix of flagship and first-to-market brands, complemented by immersive and experiential activations designed to surprise and delight. Suria KLCC brought onboard 30 new tenants during the year, including eight market firsts,” it said. 

Chief executive officer Datuk Mohd Salem Kailany said the group’s strong results in 2025 reflects the strength of their diversified portfolio, stable cash flows and disciplined capital management.

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He said the group delivered another record-breaking performance with revenue, profit and dividends, which reached new highs.

“During the year, we undertook targeted asset enhancements to maintain competitiveness and to future-proof our asset portfolio and improve long-term efficiency.

“These upgrades, together with system improvements across facilities, strengthened our asset performance, enhanced operational reliability and customer experience,” Mohd Salem said.

Collectively, these efforts contributed to increase in property valuations and reinforced the long-term value and resilience of their assets, he added. 

For the fourth quarter (4Q) ended Dec 31, 2025, KLCCP Stapled Group’s net profit increased to RM669.30 million from RM430.91 million a year earlier, while revenue rose to RM492.96 million from RM459.10 million previously.

In a filing with Bursa Malaysia, the group said the quarter’s improved operational performance was anchored by the higher maintenance service activities undertaken by KLCC Urusharta during the quarter and consistent contributions from the retail segment.

The fair value gains on investment properties further contributed to the increase, it said. 

It also said there was a noteworthy fair value gain of RM460.1 million recognised during the quarter, reflecting the market value uplift largely in Suria KLCC and Petronas Twin Towers. 

The group declared a dividend of 19.1 sen per stapled security for the quarter, bringing total dividends for the year to 47 sen, an increase of 5.6 per cent compared to 2024.

On the outlook for this year, KLCCP Stapled Group said Malaysia enters 2026 with steady economic momentum, with tourism expected to remain a key contributor as the country ramps up for Visit Malaysia 2026, supported by higher international arrivals through visa facilitation and broader promotional initiatives.

In the retail segment, Suria KLCC remains well‑positioned to sustain performance despite a more competitive landscape, it said.

It added that at Mandarin Oriental Kuala Lumpur -- its hotel segment -- the refurbishments completed in 2025 have strengthened the hotel’s market positioning, with progressive enhancements planned for 2026 to further elevate guest experience.

-- BERNAMA