CIMB sees 68% earnings surge for building materials in 2026


KUALA LUMPUR: CIMB Securities Sdn Bhd projects Malaysia’s building materials sector’s core earnings will rise to 68 per cent in 2026, up sharply from a forecasted 15 per cent in 2025, before moderating to 16 per cent in 2027.

The rebound is expected to be led by Ann Joo Resources Bhd’s return to profitability in financial year 2026, supported by growing traction in downstream value-added steel products, green steel initiatives in Singapore, and electrification projects. 

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