Sime Darby Property net profit increases fourfold in 2Q

The group is confident of sales surpassing last year’s total of RM2.6bil.

recorded a stronger set of earnings in the second quarter of this year and first half of its financial year ended June 30 on the back of robust sales figures.

Group managing director Datuk Azmir Merican said the group’s strong performance in 1H22 was driven by its steady product launches throughout the pandemic period which registered commendable take-up rates. Azmir noted that the group was on track to exceeding its FY22 sales target after achieving RM1.9bil or about 73% of its full-year target.

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