SunCon posts stellar showing for third quarter 


The group said it would remain confident of delivering positive results for this year.

PETALING JAYA: Sunway Construction Group Bhd (SunCon) has achieved another solid quarter, as its profits almost doubled to RM83.78mil for the third quarter of this year (3Q25).

This was in comparison to the RM46.47mil achieved in 3Q24.

The increased profits were supported by higher revenue of RM1.45bil for the quarter under review, compared with RM865.33mil recorded in the same quarter last year.

In a filing with Bursa Malaysia, the construction giant said its construction and precast segment performed well.

The construction segment reported revenue of RM1.38bil for the quarter under review compared with RM831.8mil in 3Q24, primarily driven by accelerated progress across several data centre and inhouse projects, which correspondingly led to higher profitability.

The precast segment saw higher revenue of RM57.8mil in 3Q25 compared with RM33.5mil in the same quarter last year.

“The stronger performance in the current quarter was mainly driven by contributions from several projects at their peak delivery stage. In addition, profitability was further enhanced by the reduction in interest expenses following the full settlement of borrowings,” the group said.

In addition to its strong quarter, the group recorded its best nine-month results by achieving revenue of RM4.32bil compared with RM2.12bil in the first nine months of last year.

On its prospects, the group said it would remain confident in delivering positive results for this year, backed by a variety of reasons, including its strong order book.

“The order book stands at RM5.44bil, with RM3.93bil in new orders secured to date, representing over 60% of the group’s order replenishment target range of RM4.5bil to RM6bil for this year,” it said.

“The group has also continuously strengthened its position in the advanced technology facilities (ATF) segment, particularly in data centres.

“So far, we have successfully delivered over 144MW of data centre capacity and are currently managing eight ongoing projects for global technology clients. We will remain actively involved in new ATF tenders and see this segment as a key contributor to future growth,” it said.

“We will keep pursuing in-house projects from Sunway Bhd, which include hospitals, integrated developments, commercial buildings and transit-oriented developments.

“This diversified mix of public, private and inhouse projects provides us with a balanced and sustainable growth platform heading into next year.”

The group declared a third interim single-tier dividend of 6.25 sen per ordinary share and a special single-tier dividend of 23 sen per ordinary share for this year.

The third interim dividend will be payable on Dec 23, while the special dividend will be payable on Jan 8, 2026.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

OPEC oil output plunges in March as war forces export cuts, Reuters survey finds
US retail sales increase solidly in February
Topmix acquires lands in Johor for RM19mil
MICCI calls for flexibility in implementation of new expatriate policy
TNB proposes RM10bil sukuk programme with tenure of 50 years
Maxim Global unit secures RM54mil Islamic facilities for Cheras sewerage project
Bank Rakyat strengthens cybersecurity after RM1mil AMP
Salcon wins RM80mil water infrastructure contract
Ringgit ends higher on renewed optimism on de-escalation of US-Iran war
Exsim Hospitality wins RM42mil M&E job

Others Also Read