Key highlights:
- OSK Holdings Berhad recorded a total revenue of RM911.2 million and a pre-tax profit of RM295.6 million in 6M25, marking increases of 24% and 5%, respectively, compared to the same period last year.
- Revenue and pre-tax profit grew across most business segments, except the Hospitality Segment due to refurbishment works in Swiss-Garden Beach Resort Kuantan.
The Board has approved an interim dividend of 2.5 sen based on the enlarged number of shares after completion of the bonus issue on 24 June 2025.
Kuala Lumpur, 28 August 2025 – OSK Holdings Berhad (“OSK Group” or “the Group”) continued to deliver a solid and consistent performance in its financial performance for 6M25, driven by profits in almost all business segments.
The Group reported total revenue of RM911.2 million for the first half of 2025, representing a 24% increase from RM736.4 million in the same period last year. Pre-tax profit rose 5% year-on-year to RM295.6 million, while profit attributable to the Owners of the Company strengthened by 6% to RM266.3 million.
“Our performance in 6M25 reflects both resilience and adaptability across the Group. Each of our core businesses played a role in contributing to this outcome. By balancing growth with disciplined execution, we are building a foundation that not only supports sustainable financial performance but also creates long-term value for our customers, shareholders, and communities,” said OSK Group Executive Chairman, Tan Sri Ong Leong Huat.
The Board of Directors has also approved a single-tier interim dividend of 2.5 sen based on the enlarged number of shares after the bonus issuance of one bonus share for every two shares held. This will result in a total dividend payment of approximately RM77.3 million to be paid on 16 October 2025 as compared to a total payment of RM61.9 million interim dividend paid on 4 October 2024.
“Moving forward, we will remain focused on delivering long-term value for our stakeholders by enhancing efficiency, innovating across our businesses, and ensuring that our growth is both profitable and sustainable,” he added.
Industries, Financial Services and Investment Holding Segments Driving Profits
The Industries Segment delivered a good performance in 6M25, with revenue surging 98% to RM319.6 million, while pre-tax profit advanced 25% to RM19.9 million. This growth was fuelled by
the Cable Division, which benefited from increased orders from both public utility entities and private sector customers. The newly acquired plants in Johor Bahru further strengthened production capacity, positioning the division for sustained growth. Meanwhile, the Acotec IBS Division continued its stable contributions, supported by steady market demand.
The Cable Division is well-positioned for sustainable growth, given the expanded production capacity at the Johor Bahru plants since March 2025. As the refurbishment and upgrading of machines continue over the next few quarters, production efficiency is expected to improve progressively. Strategic sales and marketing initiatives are being rolled out to capture emerging opportunities in other markets.
The Financial Services Segment also delivered strong results, with revenue rising 32% to RM141.6 million and profit increasing 18% to RM60.6 million for 6M25. This performance was driven by the expansion of the capital and consumer financing portfolio in Malaysia and Australia, which grew to RM2.6 billion as of 30 June 2025, compared to RM1.8 billion a year earlier.
The completion of the acquisition of Wilayah Credit Sdn. Bhd. on 1 August 2025, specialising in motorcycle financing within the consumer financing business, is expected to contribute positively to the Group’s profitability in the medium term as the Group scales up the business gradually.
In 6M25, the Investment Holding Segment achieved a pre-tax profit of RM155.5 million, reflecting a 10% year-on-year growth. This strong performance was mainly driven by a higher contribution from RHB Banking Group, which rose to RM159.6 million in 6M25 compared to RM148.8 million in 6M24.
Property and Hospitality Segments to Continue Delivering Long-term Growth
In 6M25, the Property Segment posted revenue of RM401.1 million and pre-tax profit of RM62.2 million. The pre-tax profit for 6M24 consists of a one-off net gain of RM13.4 million recognised from a joint venture property disposal and a fair value loss on an office building under the Property Investment Division. Excluding the one-off gain in 6M24, pre-tax profit recorded a 3% increase, in line with the progress billings and construction activities from the launched projects.
In a quarterly comparison of 2Q25 to 1Q25, the Property Segment recorded a 13% quarter-on- quarter revenue growth to RM212.7 million, with a steady pre-tax profit of RM31.0 million. The revenue growth was largely supported by steady progress from ongoing projects, including Alia at Mori Park in Shah Alam, Anya and Nara at Shorea Park in Puchong, Hana Hills in Taman Melawati, as well as our township developments in Iringan Bayu, Seremban and Bandar Puteri Jaya, Sungai Petani.
For our joint venture project with Employees Provident Fund in Melbourne, Phase 2 of BLVD, the high-rise residential tower within Melbourne Square, has recorded a strong 70% take-up rate and is making good construction progress. To sustain and drive sales momentum, targeted marketing campaigns, including outreach to international investors have been introduced. Profits from this development will be recognised upon completion, with the first settlement expected in early 2027.
Meanwhile, the Property Investment Division continued to demonstrate resilience, underpinned by stable leasing income from its office and retail assets.
As of 30 June 2025, the Group’s unbilled sales stood at RM1.3 billion, with minimal unsold completed inventory. The Group holds a total landbank of 2,475 acres, carrying an estimated gross development value (GDV) of RM18.5 billion. These lands are strategically located across the Klang Valley, Kedah, Penang, and Negeri Sembilan in Malaysia, as well as Melbourne, Australia.
The Property Development Division continues to be a key profit driver for the Group and remains on track to deliver strong financial results for the rest of the year.
The Hospitality Segment recorded revenue of RM48.9 million for 6M25. Despite the stable revenue, the segment posted a pre-tax loss of RM2.5 million, compared to a pre-tax profit of RM0.2 million in the corresponding period last year.
The temporary dip in profitability was mainly attributable to the ongoing Phase 2 refurbishment works at Swiss-Garden Beach Resort Kuantan. The extensive upgrade, which covers the ballroom, meeting and convention facilities, restaurants, and common areas, has temporarily impacted key revenue streams, particularly food & beverage operations, corporate conferences, and event receptions. The refurbishment works, once completed, are expected to significantly enhance guest experience and strengthen the resort’s market positioning, paving the way for long-term growth in the Hospitality Segment.
Tan Sri Ong added: “Looking ahead, the Group’s solid first-half performance underscores the success of the expansion across key business segments. These achievements reflect OSK Group’s ability to seize opportunities, strengthen operational capacity and build a broader platform for sustainable growth.”
Digital Transformation and Community Development
In 2025, OSK Group has taken decisive steps to enhance its cybersecurity posture, reinforcing its commitment to protecting digital assets and ensuring operational resilience. Central to this year’s strategy is the deployment of a cyber risk management platform. This implementation enables comprehensive monitoring of our digital footprint, helping us identify vulnerabilities, manage third- party risks, and maintain a robust security hygiene across our ecosystem.
Complementing this, OSK has embedded AI-powered threat detection into its cybersecurity framework. This advanced technology allows for real-time analysis of network activity, enabling proactive identification and mitigation of potential threats before they escalate. Through the use of machine learning, we continuously improve our ability to detect, respond to and reduce cyber risk supporting the long protection of sensitive information and compliance with regulatory requirements.
“These initiatives reflect OSK Group’s ongoing commitment to cybersecurity to ensure that our digital infrastructure remains secure, resilient, and aligned with best practices,” said Tan Sri Ong.
In terms of promoting sustainability within operations, the Group will embark on further solarisation within its footprint by expanding to three new sites at Olympic Cable Johor and Acotec IBS plants. With these three new sites, there will be 10 sites in total that have been installed with solar by next year. The Group is also in the process of deploying rainwater harvesting facilities in all of our properties.
On the community development front, OSK Group, through OSK Foundation, has embarked on a two-year collaboration with the Global Environment Centre to protect and rehabilitate the Sungai Kayu Ara catchment in Selangor. The initiative focuses on raising awareness among local communities, engaging stakeholders in river care activities, and implementing pollution mitigation measures at targeted sites — with the goal of reducing river pollution and supporting long-term conservation of the Sungai Kayu Ara.
