Sunway Construction's net profit rises to RM145.11mil in FY23

Sunway Construction group managing director Liew Kok Wing

KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon) net profit rose to RM145.11 million in the financial year ended Dec 31, 2023 (FY2023) from RM135.18 million in FY2022 on better performance in its precast segment.

The construction group said in a filing with Bursa Malaysia today that the better performance in the precast segment was due to contribution from new projects and an increase in its integrated construction and prefabrication hub (ICPH) production.