KOTA KINABALU: Suria Capital Holdings Berhad strengthened its earnings base in the financial year ended Dec 31, 2025 (FY2025), supported by property development revenue and resilient port operations.
Also known as SuriaGroup, recorded total revenue of RM277.77 million for FY2025, up from RM271.03 million in the previous financial year. Profit before tax stood at RM61.53 million, while profit after tax reached RM46.53 million.
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For the fourth quarter ended Dec 31, 2025 (Q4 2025), revenue amounted to RM62.21 million. Profit before tax came in at RM2.20 million and profit after tax at RM3.39 million, reflecting improved earnings momentum as revenue recognition from its waterfront development project gained traction.
SuriaGroup said FY2025 marked a transitional year, underpinned by two key developments.
The commencement of revenue recognition under Joint Development Agreement 1 for the Jesselton Docklands project signified a milestone in monetising its strategic waterfront land assets, broadening income streams beyond core port operations.
The port segment remained the group’s primary recurring earnings contributor, with cargo throughput stable throughout the year. Operations continued to be supported by Sabah’s import and export trade flows, including palm oil-related cargoes, manufacturing activities and consumer goods.
The group also cited operational improvements and enhanced connectivity following its strategic collaboration at Sapangar Bay Container Port as contributing to recurring earnings support.
Its logistics and bunkering segments delivered steady performance, while ferry terminal operations recorded improved passenger movements amid Sabah’s ongoing tourism recovery, reinforcing the group’s diversified earnings platform.
As at Dec 31, 2025, SuriaGroup maintained total assets of RM1.43 billion and shareholders’ equity of RM1.18 billion, reflecting a strong balance sheet and prudent capital management to support development commitments and future growth.
Looking ahead, the group plans to enhance operational efficiency across its port network, accelerate subsequent phases of Jesselton Docklands and expand complementary infrastructure-related investments.
The progressive development of its waterfront assets is expected to contribute recurring commercial and hospitality income streams over the medium term, strengthening earnings visibility and long-term shareholder value.
