Kuala lumpur: Oriental Interest Bhd’s net profit increased to RM45.484 million for its third quarter ended May 31, 2025 (3QF2025), compared to RM25.233 million in the same period last year. The property development segment remained the primary growth driver, with revenue rising by 95 per cent in the current quarter, as reported in a Bursa Malaysia filing today.

According to BERNAMA News Agency, revenue soared to RM305.245 million from RM180.424 million previously. This growth was largely attributed to higher revenue recognition from construction progress of ongoing projects and contributions from newly launched developments.

Despite ongoing challenges in both the property sector and the broader domestic economy, the group reported a continued upward trajectory in revenue and profitability. This was underpinned by robust property sales reflecting the quality and value of its developments.

Looking ahead, the group expressed confidence in its growth prospects, supported by unbilled property sales of approximately RM428.14 million as at the end of the reporting financial quarter. With healthy bookings and strong sales momentum, the group is optimistic about delivering another year of positive performance in FY2025.