UOA Development Bhd - Profit Result (2nd Quarter 2026)

Key points

• Revenue increased to RM221.2 million from RM130.2 million in Q2 2025
• Profit after tax after minority interests (PATAMI) rose to RM95.6 million from RM91.7 million
• New property sales reached approximately RM317.4 million

Full summary

UOA Development Bhd, a subsidiary of United Overseas Australia Ltd, announced its financial results for the second quarter of 2026. The company reported a revenue of RM221.2 million, up from RM130.2 million in the same period of the previous year. Profit after tax after minority interests (PATAMI) increased to RM95.6 million from RM91.7 million. The revenue and profit growth were mainly driven by the progressive recognition of ongoing development projects. New property sales for the quarter amounted to approximately RM317.4 million, primarily from the Aethera Residences, Aster Hill, Bamboo Hills Residences, and Duo Tower projects.

Guidance

Revenue for the quarter was RM221.2 million, up from RM130.2 million in Q2 2025.

Outlook

UOA Development Bhd expects continued growth in its ongoing projects and new property sales.