PETALING JAYA: Melati Ehsan Holdings Bhd
expects Malaysia’s fiscal reforms and infrastructure push under Budget 2026 to spur further activity in the construction and property development sectors.
In a filing with Bursa Malaysia, the turnkey contractor said the government’s commitment to responsible fiscal management and subsidy rationalisation is expected to boost domestic demand and support infrastructure projects.
“Government efforts, which benefit all layers of the rakyat, will stimulate economic momentum, including construction and development activity, and continue to build investor confidence in Malaysia,” the company noted.
For its financial year ended Aug 31, (FY25), Melati Ehsan’s topline more than tripled to RM152.29mil from RM36.26mil in the previous corresponding period.
Despite this, net profit for the period under review plunged 86.4% to RM1.12mil from RM8.2mil in FY24.
The group attributed the lower profitability to the absence of higher other income recognised in the preceding year, as well as higher administrative expenses and finance costs incurred during FY25.
For the fourth quarter ended Aug 31, (4Q25), revenue rose sharply to RM87.53mil from RM6.75mil in 4Q24, reflecting stronger project progress.
However, the company’s quarterly net profit declined by about 90% to RM775,000 from RM7.72mil in the same quarter last year.
Melati Ehsan has proposed a first and final single-tier dividend of one sen per ordinary share, amounting to RM1.16mil for FY25, unchanged from the previous year.
