PLB charts better 2Q results after land disposal


PETALING JAYA: PLB Engineering Bhd said it will continue exploring opportunities to secure construction projects with recurring income to sustain its earnings.

The group said its outlook is tied to the construction and property development sector, before adding that its new external construction project in Penang is expected to contribute to its turnover with the unbilled sales of RM7.92mil over the year.

For the second quarter (2Q26) ended February 28 of the financial year ending August (FY26), PLB posted a net profit of RM5.36mil, compared to RM107,000 a year ago.

It achieved a revenue of RM60.6mil, which more than doubled from RM25.9mil in 2Q25. For the six months up to February, the group recorded a bottom line of RM4.78mil, overturning from a net loss of RM1.7mil for the same period last year.

Turnover came in at RM76.2mil, a year-on-year surge of 65.8%.

PLB attributed the improved performance primarily to the disposal of land parcels in Jarak which brought in a revenue of RM52mil.

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