Kuala lumpur: KLCCP Stapled Group, which includes KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), reported an increase in net profit to RM1.28 billion for the financial year ending December 31, 2025 (FY2025), a rise from RM1.02 billion in the previous year. Revenue also reached a record high of RM1.74 billion, up from RM1.71 billion in the prior year.
According to BERNAMA News Agency, the group attributed the rise in profit before tax (PBT) to RM1.4 billion to fair value gains on investment properties, showcasing the ongoing strength of its asset quality and operational stability. The retail segment achieved a PBT of RM450.9 million, reflecting a 2.8 per cent increase, alongside a nine per cent growth in foot traffic.
The group highlighted Suria KLCC's efforts in enhancing its retail offerings, which included bringing in 30 new tenants, among them eight market-first brands. Chief Executive Officer Datuk Mohd Salem Kailany noted that the group's performance in 2025 was a testament to its diversified portfolio, stable cash flows, and disciplined capital management.
Datuk Mohd Salem also mentioned that targeted asset enhancements were made to maintain competitiveness and improve long-term efficiency. These upgrades, along with system improvements across facilities, bolstered asset performance and customer experience, subsequently increasing property valuations and reinforcing asset resilience.
For the fourth quarter ending December 31, 2025, KLCCP Stapled Group's net profit rose to RM669.30 million from RM430.91 million the previous year, with revenue increasing to RM492.96 million from RM459.10 million. The group noted that improved operational performance was underpinned by higher maintenance service activities and consistent retail contributions.
A fair value gain of RM460.1 million was recognized during the quarter, largely attributed to Suria KLCC and Petronas Twin Towers. The group declared a dividend of 19.1 sen per stapled security for the quarter, raising the total annual dividends to 47 sen, a 5.6 per cent increase over 2024.
Looking ahead to 2026, KLCCP Stapled Group remains optimistic as Malaysia enters the year with steady economic momentum. Tourism is expected to be a significant contributor, aided by initiatives like Visit Malaysia 2026. The retail and hotel segments, particularly Suria KLCC and Mandarin Oriental Kuala Lumpur, are well-positioned to sustain and enhance their performances in the competitive market landscape.