PETALING JAYA: Malaysian Resources Corp Bhd's (MRCB) net profit for the financial year ended Dec 31, 2025 (FY25) declined to RM47.32mil from RM63.67mil in the previous year.
It recorded a revenue of RM1.2bil in FY25 down from RM1.45bil in FY24.
Revenue in the fourth quarter of FY25 stood at RM371.8mil and earnings of RM18.6mil.
In a Bursa Malaysia filing, MRCB said it had a 2% fall in pretax profit from RM75mil in FY24 to RM73.2mil in FY25, largely due to lower contributions from its property development and investment segment as well as its engineering, construction and environment division.
It added the decreased contributions reflect reduced sales of completed unsold units following the progressive depletion of inventories, as well as minimal contributions from newly secured large construction projects, which are currently ramping up.
MRCB expects improved performance over the next few years, backed by RM5.5bil of new construction project wins secured and RM2.2bil in Malaysian property launches planned for 2026.
The group declared a first and final single-tier dividend for FY25 of 1 sen per ordinary share, amounting to RM44.7mil. Payment of the dividend will be made on May 20, 2026.
