Sunway Berhad has delivered a robust performance in the first quarter of its financial year ending 31 December 2025 (Q1 FY2025), driven by strong contributions from its construction and healthcare segments.
The diversified conglomerate reported a 66.8% year-on-year (YoY) surge in revenue to RM2.37 billion, while profit before tax (PBT) rose 34.2% to RM304.1 million, up from RM226.7 million in the same quarter last year. The impressive results underscore the Group’s resilience and effective execution of its multi-segment growth strategy.
The construction segment was a standout performer, tripling its revenue to RM1.24 billion from RM372.5 million a year earlier. PBT for the segment soared 170.4% to RM114.5 million, buoyed by accelerated progress on several large-scale data centre projects.
With RM2.2 billion in new orders already secured, the construction arm is well on track to meet its annual replenishment target of RM4.5–6.0 billion.
The healthcare segment recorded a PBT of RM31.8 million, a slight dip from RM36.8 million in Q1 FY2024. The decline was mainly due to start-up losses at Sunway Medical Centre (SMC) Damansara and the newly launched SMC Ipoh, which began operations in December 2024 and April 2025, respectively.
However, core hospitals—including SMC Sunway City, SMC Velocity, and SMC Penang—continued to post stronger earnings, supported by increased licensed bed capacity and higher patient census. As of May 2025, Sunway Healthcare Group (SHG) has grown its total licensed beds to 1,647.
Adding to its pipeline, SHG signed a partnership with Putrajaya Holdings Sdn Bhd to develop a 300-bed multi-specialty tertiary medical centre in Putrajaya, pushing its future bed capacity to over 3,000.
Revenue from the property development segment dipped slightly to RM263.3 million from RM287.7 million a year ago, while PBT also declined to RM33.4 million from RM38.8 million. The softer performance was attributed to fewer projects at advanced stages of completion compared to the same period last year.
Nonetheless, Sunway remains optimistic, having recently announced two major integrated transit-oriented development (TOD) projects in Johor and Seremban, expected to reshape the urban landscape in both cities.
Commenting on the results, Sunway Group President Tan Sri Dato’ (Dr.) Chew Chee Kin said, “We are encouraged by the strong start to the year. The Group remains steadfast in executing its growth strategies across all business segments.”
He added that while the Group will remain cautious amid external headwinds, including tariff and policy uncertainties, it expects performance for the year to remain strong.
Key Financial Highlights:
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Revenue: RM2.37 billion (+66.8% YoY)
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PBT: RM304.1 million (+34.2% YoY)
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Construction Revenue: RM1.24 billion (+232.4% YoY)
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Healthcare PBT: RM31.8 million (↓13.6% YoY)
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Total Licensed Beds (May 2025): 1,647