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Country View Berhad’s Q2 2025 Results: Soaring Profits and a Bright Horizon in Iskandar Malaysia
Country View Berhad, a prominent name in Johor’s property development landscape, has just released its financial results for the second quarter ended May 31, 2025. The report reveals a period of explosive growth, with profits surging to remarkable new heights. This performance is underpinned by strong sales and the strategic progress of its key projects in the booming Iskandar Malaysia region. Let’s dive deep into the numbers and what they mean for the company’s path forward.
A Spectacular Leap in Performance: Q2 2025 Financials
The headline figures for this quarter are nothing short of impressive, showcasing significant year-on-year growth across the board. The company has successfully converted its development activities into substantial financial gains.
Profit Before Tax Skyrockets by 204% Year-on-Year!
Let’s break down the core financial metrics compared to the same quarter last year:
Q2 2025 (Current Quarter)
- Revenue: RM102.8 million
- Profit Before Tax (PBT): RM25.0 million
- Net Profit (PAT): RM18.3 million
- Earnings Per Share (EPS): 18.30 sen
Q2 2024 (Comparative Quarter)
- Revenue: RM50.4 million
- Profit Before Tax (PBT): RM8.2 million
- Net Profit (PAT): RM5.8 million
- Earnings Per Share (EPS): 5.77 sen
The massive 104% jump in revenue and 204% surge in pre-tax profit were primarily driven by the company’s Property Development division. This growth stems from several successful initiatives, including the construction progress of Aurora Resort Villas (ARVs) and Aurora Avenue shops, the sale of higher-priced bumi-release units, and strong take-up rates for its commercial properties in Aurora Sentral, Iskandar Puteri.
Quarter-on-Quarter Perspective
Compared to the immediate preceding quarter (Q1 2025), revenue and pre-tax profit saw a decrease of 10% and 39% respectively. However, this is not a sign of slowing momentum. The report clarifies that the previous quarter’s results were exceptionally high due to the one-off contribution from the sale of three commercial land parcels. The current quarter’s performance reflects a strong, sustainable operational base.
Driving Force: Property Development and a Healthier Balance Sheet
The company’s financial health has visibly strengthened. A look at the balance sheet shows a reduction in liabilities and a significant boost in cash reserves, painting a picture of disciplined financial management and robust operational cash flow.
| Financial Position | As at 31 May 2025 | As at 30 Nov 2024 |
|---|---|---|
| Total Assets | RM704.1 million | RM706.4 million |
| Total Liabilities | RM256.0 million | RM277.3 million |
| Total Borrowings | RM139.0 million | RM171.5 million* |
| Cash and Bank Balances | RM17.3 million | RM4.0 million |
| Net Assets per Share | RM4.48 | RM4.29 |
*Total borrowings as at 30 Nov 2024 is calculated from the sum of current and non-current borrowings.
The significant decrease in total borrowings and the more than four-fold increase in cash highlight the company’s strong cash generation from its operations, allowing it to pay down debt while funding its activities.
Navigating the Future: Opportunities and Headwinds in Johor
Country View is strategically positioned to capitalize on the dynamic growth within Iskandar Malaysia. Major infrastructure projects like the Johor Bahru-Singapore Rapid Transit System (RTS) Link and initiatives such as the Johor-Singapore Special Economic Zone (JS-SEZ) are expected to fuel demand for residential and commercial properties.
The company is proactively meeting this demand with plans to launch affordable housing schemes (RMMJ and PKJ A) in Taman Nusa Sentral during the financial year. Their focus remains on delivering quality, sustainable designs that align with customer expectations.
However, the company remains vigilant of external challenges. Global economic uncertainties, potential volatility in material prices, inflation, and shifting interest rates are risks that could impact the property market. Country View’s strategy is to remain adaptable, manage finances prudently, and carefully time its project launches to navigate these market dynamics.
Rewarding Shareholders: A Generous Dividend Payout
In a strong signal of confidence and commitment to its shareholders, the Board of Directors has declared a second interim single-tier dividend of 11.0 sen per ordinary share for the financial year ending 30 November 2025. This follows a first interim dividend of 20.0 sen paid in June 2025, underscoring the company’s robust financial performance and its dedication to providing shareholder returns.
Summary and Outlook
Country View Berhad’s Q2 2025 results demonstrate a period of exceptional growth, fueled by its core property development activities in the high-potential Iskandar Malaysia region. With a stronger balance sheet, reduced debt, and a clear strategy for future launches, the company appears well-equipped for sustained performance. The positive outlook for the Johor property market, driven by significant economic and infrastructure catalysts, provides a favorable backdrop for its future projects.
While the opportunities are clear, the company must continue to navigate potential market risks. Key challenges to monitor include:
- Global economic uncertainties arising from geopolitical and trade tensions.
- Fluctuations in the prices of construction materials and commodities.
- Volatility in currency exchange rates, inflation, and interest rates.
- Shifts in investor sentiment that could affect property demand.
From my perspective as a financial blogger, Country View Berhad’s report paints a picture of a company capitalizing effectively on the booming Johor property market. Their ability to translate project progress into robust financial results is commendable. The true test will be navigating the external economic pressures while maintaining this momentum.
Do you think the company can maintain this growth momentum in the next few years?
We invite you to share your views in the comments section below!
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