PETALING JAYA: Lagenda Properties Bhd

reported a 6.8% year-on-year (y-o-y) revenue growth in its six-month financial period ended June 30, 2025 (1H25).

The group recorded revenue of RM503.3mil in 1H25, up from RM471.45mil a year earlier.

In a statement, Lagenda said net profit stood at RM89.82mil, a marginal decline of 1.4% compared to RM91.10mil in the corresponding period last year.

For the second quarter ended June 30, 2025, Lagenda reported revenue of RM238.89mil, a slight decline from RM245.83mil in 2Q24.

The decrease was mainly attributed to projects nearing completion, which resulted in lower incremental completion percentages for the quarter.

Lagenda declared a single tier interim dividend of three sen per ordinary share, to be paid on Nov 10.