KUALA LUMPUR: Sunway Construction Group Bhd
(SunCon) posted a higher net profit of RM83.89 million for the second quarter ended June 30, 2025 (2Q 2025), compared with RM38.87 million in the same quarter last year.
Revenue for the quarter under review also rose to RM1.48 billion from RM651.2 million previously, driven by a strong construction segment.
"Construction segment delivered a strong performance, recording revenue of RM1.43 billion and profit before tax of RM121.4 million, more than double the revenue of RM597.6 million and profit before tax of RM46.9 million reported in the corresponding quarter of the preceding financial year.
"The growth was primarily driven by the accelerated progress across several data centre projects, leading to significant revenue recognition and improved profitability,” the company said in a filing with Bursa Malaysia today.
For the six-month period ended June 30, 2025, the group recorded a higher net profit of RM159.6 million compared to RM71.3 million in the preceding year, while revenue increased to RM2.88 billion from RM1.26 billion previously, also driven by the construction segment.
Currently, SunCon’s outstanding order book stands at RM6.72 billion, with RM3.81 billion in new orders secured to date, representing over 60 per cent of the group’s 2025 order replenishment target range of RM4.5 billion to RM6.0 billion.
It said the Malaysian economy grew by 4.4 per cent in 2Q 2025 (1Q 2025: 4.4 per cent), primarily supported by higher household spending, stronger investment activities, sustained demand for electrical and electronics exports, and robust tourism activity.
Meanwhile, the construction sector expanded by 12.1 per cent in 2Q 2025 (1Q 2025: 14.2 per cent), driven by the non-residential, residential and special trade subsectors.
On its outlook, SunCon said it will continue to strengthen its position in the Advanced Technology Facilities (ATF) segment, particularly in the data centre space.
"We remain committed to delivering these projects with excellence while upholding the highest standards of integrity and transparency.
"Backed by our proven track record and technical capabilities, we continue to participate in new tenders from various global technology firms,” it said.
Looking ahead, SunCon said the group is also broadening its exposure to other high-potential segments, including large-scale civil and infrastructure projects, renewable energy initiatives, and projects requiring contractor financing or private financial initiatives, leveraging its strong balance sheet.
It will also continue to support Sunway Bhd’s development pipeline, which includes hospitals, integrated developments, commercial buildings and transit-oriented developments. - Bernama
