JCorp's FY2025 Profit After Tax More Than Doubles To RM703 Mln

KUALA LUMPUR, June 22 (Bernama) -- Johor Corporation’s (JCorp) profit after tax (PAT) for the financial year ended Dec 31, 2025 (FY2025) more than doubled to RM703 million from the previous year, driven by sustained growth and strong performance across its key business segments.

Revenue for FY2025 grew by 10 per cent to RM7.63 billion from RM6.96 billion in FY2024, mainly driven by sustained momentum across the group’s core sectors, particularly wellness and healthcare and agribusiness.

“The growth was also supported by disciplined cost management, improved operational efficiency and higher contributions across its portfolio,” it said in a statement today.

The group said KPJ Healthcare Bhd remained its largest contributor to revenue, recording RM4.26 billion in FY2025, a nine per cent increase from FY2024, mainly propelled by higher inpatient, outpatient and surgical activities across its network.

“For agribusiness, led by Kulim (Malaysia) Bhd and supported by Johor Plantations Group Bhd (JPG), saw its revenue increasing to RM1.76 billion in FY2025, buoyed by favourable commodity prices, higher operational efficiency and sustained productivity across plantation operations,” it said.

Meanwhile, JCorp chairman Datuk Onn Hafiz Ghazi said the strong yearly performance demonstrates the value of long-term stewardship, disciplined execution and a clear strategic direction.

Onn Hafiz, who is also Johor’s Menteri Besar, said with the rising investment interest in Johor, JCorp plays an important role in ensuring that economic opportunities translate into sustainable value creation, quality jobs and thriving communities.

“As the principal development institution of the state, JCorp remains committed to catalysing investments, creating quality employment opportunities and fortifying economic resilience for the benefit of the people of Johor.

“JCorp’s goals are aligned with the aspirations of Maju Johor, which seeks to build a more prosperous, inclusive and future-ready Johor through sustainable economic growth, stronger communities and greater opportunities for all,” he added.

As at Dec 31, 2025, the group’s net assets stood at RM12.21 billion, an increase from RM11.76 billion in FY2024, while total assets under management reached about RM30 billion.

-- BERNAMA