Last updated on August 23, 2025
KUALA LUMPU: Radium Development Berhad (“Radium” or “the Group”) (KLSE: RADIUM) today published its financial results for the second quarter of the financial year ending 2025 (“2Q FYE2025”), together with an update on its strategic initiatives, including diversification into healthcare.
For the quarter ended June 30, 2025, the Group reported revenue of RM42.6 million, representing a 39.2% increase compared to RM30.6 million in 2Q FYE2024. Profit Before Tax (“PBT”) stood at RM3.8 million, marginally higher than RM3.7 million in the same period last year. Performance for the period was primarily driven by progress on several ongoing property developments, including Suite Canselor @ Ampang, Vista Adesa, Radium Adesa @ Sungai Besi, and Radium Arena @ Old Klang Road.
As at the end of the reporting quarter, Radium maintained a cash position of RM112.4 million and a gross gearing ratio of 0.56 times, based on shareholders’ funds of RM770.3 million.
The Group’s revenue pipeline continues to be supported by its active project portfolio. Vista Adesa and Radium Adesa at Sungai Besi (comprising Residensi Wilayah and suite apartments) carry an estimated gross development value (“GDV”) of RM1 billion. Radium Arena at Old Klang Road, launched recently with 988 suite apartments and an estimated GDV of RM524 million, has attracted steady market interest. Furthermore, a joint venture in Kepong, scheduled for launch in the fourth quarter of 2025, is expected to contribute an estimated GDV of RM400 million.
Recent acquisitions have further strengthened Radium’s land bank, particularly in Cheras, Kuala Lumpur, and Ampang, Selangor, with potential GDVs of RM2.54 billion and RM470 million, respectively.
Diversification into the Healthcare Sector
As part of its strategy to diversify revenue streams, the Group has announced a proposed expansion into healthcare via a wholly-owned subsidiary. The initial project involves the planned development of a hospital in Melaka, designed to establish a recurring income stream alongside the Group’s property development business.
Radium Healthcare, the dedicated healthcare division of the Group, recently participated in the APHM International Healthcare Conference & Exhibition 2025 under the theme “From Homes to Hospital – Bridging Melaka’s Healthcare Gap”. This participation provided Radium Healthcare with a platform to showcase forthcoming development plans and reinforce relationships with hospitals and stakeholders across the industry.
Group Managing Director, Datuk Gary Gan Kah Siong, remarked, “The Group’s second quarter performance demonstrates sustained demand for our developments and reflects the effectiveness of our ongoing strategic initiatives. The proposed hospital in Melaka represents a meaningful step in Radium’s diversification strategy, supporting our objective of building a resilient and sustainable business for the long term.”
Radium remains committed to growing its footprint in key locations throughout the Klang Valley, pursuing complementary commercial opportunities, and practising prudent financial stewardship.
