Gadang 1Q earnings more than doubles


The company's revenue also doubled to RM297.22mil from RM148.47mil a year earlier.

PETALING JAYA: Gadang Holdings Bhd will continue to monitor its operating environment through regular assessments to ensure prudent financial management and operational efficiency.

In a filing with Bursa Malaysia, the company said it remained focused on replenishing its construction order book and expanding the land bank of its property division to support sustainable long-term growth and earnings.

For its first quarter ended Aug 31, 2025, Gadang’s net profit more than doubled to RM13.54mil from RM6.22mil in the previous corresponding period mainly due to higher contribution from both the construction and the property divisions.

Revenue also doubled to RM297.22mil from RM148.47mil a year earlier.

The construction division will maintain its focus on the execution of ongoing projects, while pursuing opportunities in the infrastructure, renewable energy and data centre sectors.

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