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UOA DEVELOPMENT BHD — Earnings Release 2026
May 25, 2026
71813_rns_2026-05-25_b93f0bd8-311d-451c-815f-9ef86214521b.pdf
Earnings Release
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UOA GROUP®
BUILDING EXCELLENCE
PRESS RELEASE
FOR IMMEDIATE RELEASE
UOA DEVELOPMENT ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS
Kuala Lumpur, 26 May 2026 – UOA Development Bhd (“UOA” or “UOA 发展有限公司”) today announced its financial results for the first quarter ended 31 March 2026.
Revenue for the quarter under review was reported at RM113.8 million compared to RM152.1 million in the corresponding quarter of the preceding year. UOA recorded profit after tax after minority interests (“PATAMI”) for the quarter under review of RM41.9 million compared to RM73.9 million in the same period of the preceding year.
The revenue and PATAMI were attributed mainly from the progressive recognition of the ongoing development projects, namely Bamboo Hills Residences, Aster Hill, Duo Tower and Aethera Residences.
New property sales for the period ended 31 March 2026 was at approximately RM130.7 million which were mainly derived from Aethera Residences, Duo Tower, Bamboo Hills Residences and Aster Hill. The total unbilled sales as at 31 March 2026 amounted to approximately RM612.4 million.
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UOA DEVELOPMENT BHD 200401015520 (654023-V)
Suite G-1, Vertical Corporate Tower B, Avenue 10, The Vertical, Bangsar South City, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia
t +603 2245 9188 f +603 2245 9128 w www.uoa.com.my
About UOA Development Bhd (http://www.uoa.com.my)
UOA Development Bhd ("UOA") is one of the leading property developers in Kuala Lumpur and one of the few development companies in Malaysia that has a comprehensive integrated in-house development and construction division which allows the Company to execute its developments efficiently on a "fast-track basis", i.e. within a shorter development cycle.
Listed on the main board of Bursa Malaysia Securities Berhad, the Company, through its subsidiaries and associated companies, is primarily involved in property development, construction and property investment. UOA's projects are centralised within the Klang Valley with a focus on medium to high-end residential and commercial properties.
UOA was honoured with the Growth Excellence Leadership Award for Property Development for 2016 and 2019 at the Frost & Sullivan Malaysia Excellence Awards. The award recognises the company's achievement in driving long-term rapid growth through customer focus, which in turn fosters a virtuous cycle of improvement and success.
UOA was recognised as one of the winners for The All-Star Award that celebrates top ranked developers of the year at the StarProperty.my Awards 2018.
UOA was also accorded the Malaysia Property Development Competitive Strategy Innovation & Leadership Award at the virtual ceremony of Frost & Sullivan Asia Pacific Best Practices Awards 2020. The award served as a recognition of UOA's leadership in engineering excellence, reputable building integrity, deep dedication, and unwavering enthusiasm in delivering properties par excellence.
In addition, UOA was selected as the award recipient for Highest Return On Equity Over Three Years (for the sixth consecutive year) at The Edge Billion Ringgit Club Awards 2023.
In 2025, UOA was named as one of the top 10 winners for The Edge Malaysia Top Property Developers Awards (TPDA) for the twelfth time since 2013. The TPDA recognises the country's best in property development and is the anchor award of The Edge Malaysia Property Excellence Awards.
Issued by Corporate Communications Division:
For media enquiries, please contact Jenny Leong at +6012 666 1523 or [email protected].
UOA DEVELOPMENT BHD 200401015520 (654023-V)
Suite G-1, Vertical Corporate Tower B, Avenue 10, The Vertical, Bangsar South City, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia t +603 2245 9188 f +603 2245 9128 w www.uoa.com.my