• Revenue increased by 116.5% to RM152.1 million
• Profit after tax increased by 49.0% to RM75.8 million
• New property sales of approximately RM265.0 million

UOA Development Bhd announced its financial results for the first quarter ended 31 March 2025. Revenue for the quarter under review was RM152.1 million, compared to RM70.3 million in the corresponding quarter of the preceding year, representing an increase of 116.5%. The company recorded a profit after tax after minority interests (PATAMI) of RM73.9 million, up from RM49.7 million in the same period of the previous year, a 49.0% increase. The revenue and PATAMI were attributed mainly to the progressive recognition of the company's ongoing development projects, namely Aster Hill, Laurel Residence, Bamboo Hills Residences, and a medical centre in Bangsar South. New property sales for the period ended 31 March 2025 were approximately RM265.0 million, primarily derived from Bamboo Hills Residences, Laurel Residence, Aster Hill, and Duo Tower. The total unbilled sales as at 31 March 2025 amounted to approximately RM891.7 million.

The company did not provide any high-importance, price-sensitive forward-looking financial metrics or guidance.