Intro
2024 Key Highlights
Message from Our Chairman
GMD & CEO's Review
5-Year Financial Highlights
52nd Annual General Meeting
Downloads
Key Highlights
Business Highlights
Sales Achievement of
RM0.0 billion
Exceeded Sales Target of RM3.5 billion
Number of Units Sold:
0 units
(2023: 3,070 units)
Delivery of Completed Units
0 UNITS
(2023: 3,440 units)
Announced the development of 2 hyperscale data centres, securing a lease value of
RM0.0 billion
Re-inclusion into the
FTSE4Good Bursa Malaysia Index and FTSE4Good Bursa Malaysia Shariah Index
Positive leasing momentum in E-Metro Logistics Park, with the occupancy rate for Metrohub 1 and 2 reaching 0% and 0% respectively
(as of 24 February 2025)
Received a Gold Award in the ‘Companies with RM2 billion to RM10 billion in Market Capitalisation’ category at the National Annual Corporate Report Awards 2024
Sime Darby Property retains AA+IS Rating for fourth consecutive year on Sukuk Musharakah Programme with stable outlook by MARC
Financial Highlights
Revenue
RM0.0 million
(2023: RM3,436.9 million)
Gross Profit
RM0.0 million
(2023: RM1009.0 million)
Profit Before Tax
RM0.0 million
(2023: RM610.3 million)
Profit After Tax and Minority Interest
RM0.0 million
(2023: RM407.9 million)
Total Equity
RM0.0 million
(2023: RM10,283.5 million)
Gross Gearing Ratio
0.0%
(2023: 28.6%)
Net Assets per Share Attributable to Owners of the Company
RM0.00
(2023: RM1.48)
Net Gearing Ratio
0.0%
(2023: 22.7%)
Operating Profit
RM0.0 million
(2023: RM606.4 million)
Cash Position
RM0.0 million
(2023: RM602.6 million)
Dividend Declared
RM0.0 million
0.0 Sen per Share;
0.0% Payout Ratio
(FY2023: 2.5 sen per share; 41.7% payout ratio)
Sustainability Highlights
B rating
in the CDP (Carbon Disclosure Project)
3 Star
FTSE4Good Bursa Malaysia Index
Silver Award
FIABCI World Prix d’Excellence Awards (Elmina)
0.0%
of operations assessed for biodiversity risks
0
Endangered, Rare & Threatened (“ERT”) species of trees planted since 2011
Planted
0 trees
along a 500-metre stretch of the Elmina Urban Biodiversity Corridor
0%
waste diversion rate
0 rooftop solar photovoltaic installed with capacity of 603 kWp
0.00%
Lost Time Injury Frequency Rate
0 hours
of learning and training recorded
0
Employees trained in health and safety (138% increase from 2023)
0%
female board members
0%
female representation in the workforce
More than 0 beneficiaries of community programmes and spaces, with a total economic spend of RM0.0 million
Message from Our
Chairman
We delivered our strongest financial and operational performance to date, achieving an all-time high revenue of RM4.3 billion, operating profit of RM899.8 million, and profit before tax of RM780.0 million.
DATO’ RIZAL RICKMAN RAMLI
Chairman
Group Managing Director
& Chief Executive Officer’s
Review
Our record performance in 2024 underscores our disciplined business and financial planning over the preceding years, anchored by our SHIFT25 strategy, which continues to serve as a solid foundation for sustainable growth.
DATO’ SERI AZMIR MERICAN
Group Managing Director & Chief Executive Officer
Financial Performance
5-Year Financial Highlights
REVENUE
RM’ million
PROFIT/(LOSS) BEFORE TAXATION
RM’ million
PATAMI/(LATAMI)
RM’ million
TOTAL EQUITY
RM’ million
52nd ANNUAL GENERAL MEETING OF SIME DARBY PROPERTY
0
days
00
hours
00
minutes
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Downloads
Integrated Annual Report 2024
Provides a comprehensive overview of the Group’s financial and non-financial performance for 2024, as well as prospects based on our strategy.
Sustainability Report 2024
Provides a comprehensive overview of the Group’s sustainability performance and initiatives for 2024.