Lagenda Properties Bhd delivered its strongest first-half (1H26) performance on record, with profit after tax (PAT) reaching RM100.8 million in 1H26 on record revenue of RM598.4 million, driven by continued construction progress and sustained demand across its key township developments in Selangor and Johor.
For the second quarter, PAT hit a quarterly record of RM56.6 million, while revenue climbed to a new high of RM336.2 million.
Property sales reached approximately RM876.3 million for 1H26, with Johor accounting for about half of total sales, led by strong take-up in Kulai and Kota Tinggi.
Lagenda’s unbilled sales also reached a record RM1.75 billion, providing strong earnings visibility, backed by a landbank of around 3,998 acres and an estimated gross development value of RM10.28 billion.
The group also declared a first interim dividend of 3.5 sen per share, amounting to approximately RM29.13 million.
