PETALING JAYA: Wawasan Dengkil Holdings Bhd
’s net profit for its second quarter ended Dec 31, 2025 (2Q26) plunged to RM701,000 from RM3.35mil in the corresponding quarter a year ago, due to the revision of budgeted cost for the Sungai Long project and UMW Package 14 project.
The revision in the budgeted cost for the UMW Package 14 project was primarily attributable to the increase in overall concrete prices following the implementation of new transport regulations.
In a filing with Bursa Malaysia, the construction group said revenue increased to RM49.39mil in 2Q26 from RM48.05mil recorded in the previous corresponding quarter quarter.
Wawasan Dengkil noted the group's revenue for 2Q26 was driven by its construction services segment, accounting for 94.8% of total revenue.
It noted the Fibre Optic project was the main contributor, followed by support from the Sungai Long and Central Spine Road projects.
For the six-month period ended Dec 31, the company’s net profit slipped to RM3.4mil from RM6.05mil a year ago despite revenue increasing to RM102.58mil from RM94.05mil.
