UOA Development Bhd - Profit Result (1st Qtr 2026)
| Stock | United Overseas Australia Ltd (UOS.ASX) |
|---|---|
| Release Time | 26 May 2026, 5:22 p.m. |
| Price Sensitive | Yes |
UOA Development Bhd Reports First Quarter 2026 Financial Results
- Revenue decreased to RM113.8 million from RM152.1 million in Q1 2025
- Profit after tax after minority interests (PATAMI) dropped to RM41.9 million from RM73.9 million
- New property sales reached approximately RM130.7 million
- Total unbilled sales amounted to RM612.4 million as of March 31, 2026
UOA Development Bhd announced its financial results for the first quarter of 2026, reporting a revenue of RM113.8 million, a decrease from RM152.1 million in the first quarter of 2025. The company recorded a profit after tax after minority interests (PATAMI) of RM41.9 million, down from RM73.9 million in the corresponding period of the previous year. The revenue and PATAMI were attributed to the progressive recognition of ongoing development projects, including Bamboo Hills Residences, Aster Hill, Duo Tower, and Aethera Residences. New property sales for the period ended March 31, 2026, amounted to approximately RM130.7 million, primarily from Aethera Residences, Duo Tower, Bamboo Hills Residences, and Aster Hill. The total unbilled sales as of March 31, 2026, were approximately RM612.4 million.