The group said its strong second-quarter performance was fuelled by its construction segment.
PETALING JAYA: For the second consecutive quarter, Sunway Construction Group Bhd
’s (SunCon) earnings more than doubled as revenue from data centre projects lifted the net profit to RM83.9mil in the second quarter ended June 30, 2025 (2Q25).
This was the highest quarterly net profit achieved since SunCon’s initial public offering in 2015.
The group, which has delivered more than 100MW of data centre capacity to its clients, also noted that its revenue has exceeded RM1.4bil for three straight quarters.
In 2Q25, SunCon’s revenue surged 127% year-on-year (y-o-y) to RM1.48bil, while net profit jumped to RM83.89mil from RM38.87mil a year earlier.
In a statement, the group said its strong second-quarter performance was fuelled by its construction segment.
“The construction segment recorded a 140% increase in revenue to RM1.43bil, with profit before tax (PBT) surging 159% to RM121.4mil.
“The growth was driven by the accelerated progress of several data centre projects during the quarter, which also contributed to a stronger PBT margin.”
With two consecutive quarters of strong performance, SunCon saw revenue more than double to RM2.88bil in the first-half period from RM1.26bil in the previous corresponding period.
Net profit also more than doubled to RM159.6mil in the six-month period ended June 30, 2025.
The financial performance was underpinned by peak construction progress in several data centre projects.
SunCon declared a second interim single-tier dividend of 7.25 sen per ordinary share for the financial year of 2025.
The group also highlighted that its order book as at end-June stood at RM6.72bil. New orders secured amounted to RM3.81bil, achieving over 60% of the group’s order book replenishment target range of RM4.5bil to RM6bil.
These contracts encompass a diverse array of projects, including data centres, transit-oriented development and prefabricated components.
Group managing director Liew Kok Wing said the group is currently managing five ongoing data centre projects for four major multinational corporations.
“Building on our proven track record and technical capabilities, we reinforce our position in the Advanced Technology Facilities segment, while broadening our portfolio to seize opportunities from the nation’s pump-priming infrastructure projects, renewable energy transition projects and development projects within the Sunway Group.”
