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Looking ahead, SkyWorld’s entry into Penang with SkyAwani Pearlmont Residences marks a strategic expansion, tapping into the state’s strong urban housing demand with a well-priced product that supports disciplined growth and broadens the Group’s regional diversification.
SkyWorld Development posted a stronger Q2 FY2026, with revenue rising to RM86.7 million from RM74.6 million in the previous quarter, while PBT jumped to RM9.6 million and PAT doubled to RM7.9 million, mainly driven by higher progressive revenue from Vesta Residences and contributions from the new SkyAman 1 Residences launch. The new launch also lifted unbilled sales to RM589 million from RM483.1 million last quarter, showing solid demand. The Company remains financially healthy with RM320.9 million cash and low net gearing of 0.2x, and it declared a first interim dividend of 0.22 sen per share.