PETALING JAYA: Binastra Corp Bhd’s RM3.3bil order book across 21 projects will ensure earnings visibility for the next four years.
“With 11 new contracts worth a total of RM2.5bil secured in the financial year 2025, our outstanding order book now stands at RM3.3bil across 21 ongoing projects, providing earnings visibility for the group over the next four financial years,” managing director Datuk Jackson Tan Kak Seng said in a statement.
In the second quarter ended July 31, the construction company posted a net profit of RM22.8mil or an earnings per share (EPS) of 2.57 sen compared with RM8.4mil or EPS of 2.2 sen in the same corresponding quarter last year.
Revenue jumped to RM230.9mil against RM88.7mil previously.
For the first six months (1H25), it posted a net profit of RM40.9mil, up 189% year-on-year from RM14.1mil while revenue rose to RM410.5mil compared with RM148.9mil in 1H24.
