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Country View Berhad (CVIEW) posted a 148% year-on-year increase in net profit for Q3 2025, driven by stronger affordable housing sales and accelerated construction progress.
Supported by stronger affordable housing sales and accelerated construction progress, Country View Berhad (CVIEW, 5049, Property Sector) recorded a significant 148.41% increase in net profit for the third quarter ended 31 August 2025, rising from RM6.07 million in the same period last year to RM15.07 million.
For the first nine months of the financial year, net profit soared 321.28% to RM63.51 million compared to RM15.08 million previously. Quarterly revenue grew 88.47% to RM79.03 million, while cumulative revenue for the first nine months rose 117.49% to RM296.05 million.
In line with the strong performance, the Board of Directors has declared a 9-sen dividend per share, with the ex-date on 12 December, entitlement date on 15 December, and payment scheduled for 29 December 2025.
According to the Group’s financial report, revenue and pre-tax profit were mainly contributed by its property development division. The company noted that third-quarter revenue and pre-tax profit increased by 88% and 193% year-on-year respectively, driven by the construction progress of its three-storey semi-detached shop project and higher sales under the RMMJ (Rumah Mampu Milik Johor) affordable housing programme.
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