Kerjaya Prospek posts higher net profit of RM57.34mil, div of 3.5c/share


KUALA LUMPUR: Kerjaya Prospek Group Bhd remains focused on growing the construction segment as its main revenue driver, although it plans to maintain its manufacturing segment and expand its development segment to complement its core business.

Additionally, the group said its property development projects - The Vue @ Monterez and Papyrus @ North Kiara = will contribute positively to its performance.

"For the year 2026, the group will proactively monitor market conditions and implement timely, strategic measures to mitigate operational and financial risks arising from challenges such as ringgit volatility, the increase in oil price and skilled manpower shortages," it said in commentary accompanying its results filing with Bursa Malaysia.

Kerjaya Prospek said it it had an outstanding order book of RM4.3bil in construction contracts as at March 31, 2026.

For the first quarter ended March 31, 2026, Kerjaya Prospek reported a net profit of RM57.34mil, an increase from RM46.07mil in the same quarter in 2025. Earnings per share rose to 4.56 sen form 3.65 sen previously.

Quarterly revenue was lower at RM446.82mil as compared to RM471.98mil in the previous comparative quarter,  mainly due to slower progress in construction activities. 

The board of directors declared a first interim dividend of 3.5 sen per share, with entitlement date on June 12, 2026, and payable on June 26, 2026.

 

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