Chin Hin Group Property Bhd’s profit after tax (PAT) edged up 3% to RM31.4 million for the first half ended June 30, 2026 (1H26) from RM30.6 million a year earlier, driven by stronger progressive revenue recognition as construction advanced across its property development portfolio.
Group revenue for the six-month period rose 21.1% to RM505.9 million, with Property Development remaining the key earnings contributor. The segment generated RM487.2 million in revenue, up 31.2% year-on-year.
For the second quarter, revenue climbed 26.6% to RM264.2 million from RM208.8 million, while PAT increased 7% to RM14.4 million from RM13.5 million, supported by higher contributions from ongoing developments.
Executive Director and Group Chief Executive Officer Chang Tze Yoong said the group enters the 2H26 with stronger earnings visibility, backed by RM2.2 billion in unbilled sales.
Chang said the group remains focused on converting its development pipeline into sustainable earnings while maintaining disciplined project execution, cost management and strategic expansion.
The group expects a satisfactory performance for the remainder of 2026, supported by its unbilled sales, growing development pipeline and ongoing construction progress.
Chin Hin also declared a second interim dividend of one sen per share for FY26, following the first interim dividend of one sen per share paid on July 15.
