Radium Development Berhad announced its financial results for the first quarter of the financial year ending 2025, recording revenue of RM40.0 million, an increase of 45.3% compared to RM27.5 million in the same period last year. Profit Before
Tax rose to RM4.1 million from RM3.9 million in 1Q FYE2024, while profit after tax was flat at RM1.8 million compared to RM1.9 million in the same period last year.
These results were primarily supported by ongoing projects such as Suite Canselor @ Ampang, Vista Adesa, Radium Adesa @ Sungai Besi, and Radium Arena @ Old Klang Road.
As at 31 March 2025, Radium reported a cash position of RM231.1 million and a gross gearing ratio of 0.15 times, based on shareholders’ funds of RM769.5 million.
Radium has also strengthened its land bank through acquisitions in Cheras, Kuala Lumpur, and Ampang, Selangor, with potential GDVs of RM2.54 billion and RM470 million, respectively.
The group has announced a proposed venture into the healthcare sector. Through a wholly-owned subsidiary, the Group plans to develop a hospital in Melaka.
