Binastra’s 3Q26 net profit rises by 55% y-o-y


PETALING JAYA: Binastra Corp Bhd will remain focused on sustaining growth momentum by executing the existing order book while securing new high-value contracts.

For the third quarter ended Oct 31, 2025 (3Q26), the group’s net profit rose by 55% year-on-year (y-o-y) to RM37.5mil or earnings per share of 3.44 sen.

Revenue for 3Q25 increased by 40% y-o-y to RM371.4mil.

In a filing with Bursa Malaysia, the group said the improvement in its revenue and earnings is mainly due to the construction segment.

The construction segment posted a 40% y-o-y gain in revenue to RM371mil for 3Q26 and a 63% y-o-y increase in pre-tax profit to RM50mil. This was mainly attributable to an increased number of ongoing projects during the quarter.

Further, the group said the construction segment’s performance was further strengthened by the contribution from the newly acquired 51%-owned subsidiary, LF Lansen.

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

Next In Business News

SunCon wins RM570mil data centre job
AEON Credit to stay cautious, focus on asset quality
Aussie high for Gamuda
Advancecon bags RM19mil industrial deal
Prabowo introduces 2026 minimum wage rule
Haily Group bags contract, terminates another
I-Bhd’s first AI experience centre opens at i-City
Binasat lands RM52mil govt project
MidOcean’s 20% acquisition of PETRONAS firms done
Tourism, policy support to boost consumer sector

Others Also Read