PETALING JAYA: Malaysian Resources Corporation Bhd
(MRCB) posted an 87% year-on-year (yoy) jump in first-quarter 2026 (1QFY26) pre-tax profit, driven by stronger construction contributions as infrastructure project execution accelerated.
Profit before tax for 1QFY26 rose to RM9.1mil for the quarter, compared with the corresponding period last year, while revenue increased 46% yoy to RM319.2mil.
MRCB said in a statement the improved performance was mainly supported by its Engineering, Construction and Environment (ECE) division, which benefited from contributions from the near-completed light rail transit 3 (LRT3) project and redevelopment works at Kompleks Sukan Shah Alam.
The ECE division recorded revenue of RM257.9mil, up 69% yoy, while operating profit climbed more than threefold to RM38.6mil.
Revenue contributions came mainly from the LRT3 project, which has achieved overall physical and financial completion rates of 99.8% and 99.9% respectively, as well as ongoing works for flood mitigation and highway widening projects, it said.
The group said construction revenue is expected to strengthen further in 2026 as works for the reinstatement of five LRT3 stations and related infrastructure projects commence in the current quarter.
MRCB added that its construction division is currently backed by approximately RM5.5bil worth of projects secured in 2025, alongside an active RM10bil tender book covering transportation infrastructure, environmental, water and public facility projects.
