PETALING JAYA: Sunway Construction Group Bhd
(SunCon) has delivered over 180MW of data centre (DC) capacity by end-March and is currently managing 10 ongoing projects for global technology clients.
After announcing a 56% jump in first-quarter net profit yesterday, SunCon said it remains actively engaged in new DC tenders and expects this segment to continue as a key growth driver.
In parallel, the second-largest listed construction firm continues to pursue in-house projects from its parent, Sunway Bhd.
These include hospitals, integrated developments, commercial buildings and transit-oriented developments.
Currently, SunCon’s outstanding order book stands at RM8.16bil.
For the financial year 2026 (FY26), the group has set an order replenishment target of RM6bil, of which RM3.59bil has been secured to date, surpassing the 50% mark within the first quarter of the year.
In the first quarter ended March 31, 2026 (1Q26), SunCon’s net profit rose to RM118.41mil from RM75.72mil, as lower operating and finance costs, coupled with a RM20.4mil net reversal of impairment losses, offset a decline in revenue.
The group’s revenue fell by nearly 27% year-on-year (y-o-y) to RM1.02bil. Revenue from the construction segment dropped by over 30% y-o-y to RM950.6mil in 1Q26.
“The higher turnover in the corresponding quarter of the preceding financial year was driven by the accelerated progress in the Rapid Transit System Link project and several DC projects.
“Nevertheless, the group achieved a higher profit margin in the current quarter, supported by completed projects and the reversal of provisions,” SunCon said in a bourse filing.
SunCon has declared a first interim single-tier dividend of 7.6 sen and a special single-tier dividend of 15.2 sen for FY26, both payable on June 25, 2026.
