Subang Jaya, 20 August 2025 – Property developer Avaland Berhad (“Avaland” or “the Group”) announced its results for the second quarter ended 30 June 2025 (“Q2 2025”), alongside its plans to strengthen its future development pipeline through continued strategic land acquisitions.
For Q2 2025, the Group reported revenue of RM124.1 million from RM218.3 million in the previous corresponding quarter. This was attributed to lower contributions from completed projects while recently launched developments are still in the early stages of sales and construction, with stronger contributions expected as these projects progress in the coming quarters.
As a result, the Group posted a net profit of RM10.3 million in Q2 2025, as compared to RM21.6 million in Q2 2024. For the first half ended 30 June 2025 (“1H 2025”), Avaland noted a net profit of RM30.5 million on revenue of RM303.6 million. As a comparison, the Group recorded a net profit of RM42.8 million on revenue of RM432.9 million in the previous corresponding period.
Avaland also declared a special single-tier dividend of 0.50 sen per share in respect of the financial year ending 31 December 2025. The dividend will be payable on 30 September 2025, with an ex-date of 16 September 2025.
Apollo Bello Tanco (“Pol”), Chief Executive Officer of Avaland said, “Following the successful completion and handover of four projects with a total GDV of RM1.7 billion in 2025, we declared a special dividend of 0.50 sen per share. This dividend represents not only the success of our rebranding and organisational transformation, but also a token of appreciation to our shareholders for their continued trust and support.
Moving forward, we view landbanking as a cornerstone of our growth strategy. Our recent land acquisitions in Section 13, Petaling Jaya, and Jalan Putra, Kuala Lumpur, with a combined estimated gross development value (“GDV”) of RM1.2 billion, will significantly strengthen our development pipeline and contribute meaningfully to future earnings in the coming years.
Nevertheless, we will continue to actively explore new opportunities in highgrowth and strategically located areas across Malaysia. This approach is aimed at securing prime sites that align with our goal to ensure a robust pipeline of projects that not only meet the evolving needs of the homebuyers but also position Avaland for sustainable growth.”
