Sunsuria reports lower 1Q earnings

PETALING JAYA: Sunsuria Bhd’s net profit for its first quarter ended Dec 31, 2025 dropped to RM1.69mil from RM8.87mil in the previous corresponding period, while revenue slipped to RM118.04mil from RM158.38mil previously.

In a statement, the company said the year-on-year difference was mainly attributable to the timing of progressive profit recognition following the completion of major development projects in the previous financial year.

“The group’s first-quarter performance reflected a more measured pace of progressive profit recognition following the completion of Bangsar Hill Park Verdura (Phase 1) and Sunsuria City Seni Residences in the previous financial year,” it said.

Its education division achieved higher revenue in the first quarter, driven by increased student enrolments.