On the back of that, UEM Sunrise Berhad has recorded a commendable PATANCI of RM20.5 million. Since their milestone achievement, they have successfully crossed that threshold for the first quarter ending March 31, 2025. These are astonishing numbers, representing a mind-boggling 150% increase over the RM8.2 million in the same quarter last year. The story underscores the organization’s best first-quarter showing since 2019.
The fast-growing firm has delivered 86% year-on-year revenue growth. It hit a high of RM417.6 million as of Q1 2024, an increase from RM225 million. This increase in revenue stems from impressive performances by current, existing national projects. This further demonstrates UEM Sunrise’s diligence in pursuing opportunities to grow its market footprint.
On the sales front, UEM Sunrise registered sales progress of RM370.6 million during the quarter, an increase compared to RM232.6 million registered in the same quarter last year. Other big projects in the company’s Central region – MINH, Serene Heights, Residensi ZIG and Residensi AVA – maintained strong operational performance and made headway. In the same vein, progress in the Southern region like Senadi Hills, Aspira Hills and Aspira LakeHomes showed steady progression.
UEM Sunrise’s net gearing, a measure of financial risk, improved to 0.41 times from 0.47 times on a year-on-year (YoY) basis, demonstrating UEM Sunrise’s stronger financial standing. Hafizuddin Sulaiman, Officer-in-Charge and Chief Financial Officer of UEM Sunrise corroborated the impact of these positive results.
“These results reflect the strength of our foundations and our ability to deliver, even in a dynamic market.” – Hafizuddin Sulaiman
Sulaiman attributed the improved financial and operational overall performance to an intense execution focus. He pointed to better project delivery and continuing transformation efforts to improve operational efficiency.
“The progress we are making is the outcome of disciplined execution, a sharper focus on operational excellence and our transformation journey to be a thoughtful master planner and innovative developer in delivering sustainable long-term value for our home purchasers and stakeholders.” – Hafizuddin Sulaiman
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