In a display of financial strength and forward-looking strategy, LBS Bina Group Bhd (LBS) has unveiled a robust performance for the first half of 2025, achieving a profit after tax and minority interests (PATMI) of RM55.3 million, underpinned by a consolidated revenue of RM639.0 million, primarily generated from its property development segment.
The second quarter, ending June 30, contributed meaningfully to this result, with revenue of RM309.8 million and PATMI of RM27.1 million, driven by several projects that had either reached completion or were nearing the finish line last year.
Sales momentum remains strong. As of August 19, 2025, the Group reported total property sales of RM690.2 million and bookings of RM401.1 million, with the Klang Valley—especially the LBS Alam Perdana township—serving as the primary engine of growth.
Looking ahead, LBS has secured development rights from Kwasa Land Sdn Bhd to develop a significant 192.32-acre site in Kwasa Damansara, a premium residential initiative with a gross development value estimated at RM8.3 billion, to be rolled out in phases over the next 14 years.
Adding to the Group’s financial clarity is a stable pipeline of unbilled sales amounting to RM1.33 billion, underpinning forward earnings visibility. Group Executive Chairman Tan Sri Dato’ Sri Ir. (Dr.) Lim Hock San emphasised the company’s positioning in a transition phase: armed with its 8 × 8 Strategy, a 3,780‑acre landbank, and landmark projects such as KITA @ Cybersouth, Prestige Residence, and Idaman, LBS aims to sustain long-term value delivery for shareholders
