SunCon on track for sustainable growth


PETALING JAYA: Sunway Construction Group Bhd (SunCon) will focus on its key growth segments, particularly advanced technology facilities (ATF), as it expects the division to remain a key contributor to future growth.

While continuing to be active in ATF tenders, the group said it will also pursuing in-house projects from its parent, Sunway Bhd, including hospitals, integrated developments, commercial buildings and transit-oriented developments.

Releasing its results for the full financial year (FY25) and quarter (4Q25) ended Dec 31 yesterday, SunCon posted its strongest 12-month performance in history, underpinned by revenue growth of 51.6% year-on-year (y-o-y) to RM5.34bil for FY25, with net profit nearly doubling to RM361.8mil.

For 4Q25, SunCon’s bottom line surged 71.2% y-o-y RM118.4mil, despite revenue decreasing 27.4% to RM1.02bil.

In its explanatory notes to Bursa Malaysia, the group said the decrease in 4Q25 revenue was mainly attributable to its construction segment, while the improvement in profitability was driven by contributions from all segments.

“The higher turnover in 4Q24 was driven by accelerated progress on RTS (Rapid Transit System) Link project and several data centre projects.

“The group more than doubled its profit margin y-o-y, mainly due to a recalibration of margins to reflect cost savings arising from accelerated progress in certain data centre projects,” said SunCon.

For FY25, the group’s construction segment recorded revenue of RM5.13bil and pre-tax profit of RM511.8mil, representing an increase of more than 1.5 times from revenue of RM3.33bil and an almost twofold rise in pre-tax from RM260.5mil recorded in FY24.

“The higher revenue was mainly attributable to peak construction activities from several data centre projects.

“Pre-tax profit increased in line with the higher turnover and was further supported by a recalibration of margins to reflect cost savings arising from accelerated progress in certain data centre projects,” the company said.

Compared to 3Q25, the bottom line jumped 41.3% from RM83.8mil, even as turnover eased 29.7% from RM1.45bil.

SunCon attributed the sequentially lower revenue primarily to certain existing data centre projects being substantially completed ahead of schedule and newly secured projects still in the early stages of construction.

It said the improved profitability was mainly due to a recalibration of margins to reflect cost savings from accelerated progress in certain data centre projects.

The group proposed a dividend of nine sen per share for 4Q25, bringing total dividends for FY25 to 50.5 sen per share.

Collectively, SunCon said its balanced portfolio of ATF, in-house and public infrastructure projects positions it on a sustainable growth path.

“Supported by a healthy order book, strong financial position and proven execution capability, the group remains cautiously optimistic about its performance heading into 2026, barring any unforeseen circumstances,” it said.

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