KUALA LUMPUR: Eversendai Corp Bhd
’s net profit surged to RM110.41mil for the financial year ended Dec 31, 2025 (FY25) from RM13.40mil in FY24.
In a filing with Bursa Malaysia, the group said revenue for FY25 rose by 71.1% to RM2.14bil.
This was mainly due to all ongoing projects progressing as per schedule, continuous efforts to reduce operating expenses, and reduced finance costs and foreign-exchange (forex) gains.
“The group’s Middle East segment continues to contribute the largest share of the revenue during the current quarter, which amounted to RM456.6mil or 74.2%.
“This was followed by India with RM104mil or 16.9% and South-East Asia with RM55mil or 8.9% of the total group revenue,” it said.
For the fourth-quarter 2025 (4Q25), the group’s net profit increased to RM59.52mil from RM8.29mil in the corresponding quarter a year ago.
Revenue for 4Q25 climbed up to RM615.55mil from RM337.56mil previously, due to the reduction in operating expenses, finance costs and forex gains during the quarter.
On prospects, the group said it remains positive and optimistic about its future to achieve improved financial performance progressively.
“The management remains focused on operational efficiency and disciplined project delivery to ensure revenues translate into sustained profitability.
“Eversendai is continuously improving with reorganisation of its resources with a strong focus on optimisation of costs and improving operational efficiency,” it added. — Bernama
