PETALING JAYA: Binastra Corp Bhd
expects Malaysia’s construction sector to remain resilient, supported by ongoing infrastructure investments, industrial expansion, and private sector development initiatives under programmes such as the New Industrial Master Plan 2030 and the National Energy Transition Roadmap.
For its first quarter ended April 30, 2026, Binastra said that its net profit rose to RM35.27mil from RM25.14mil in the previous corresponding quarter, while revenue surged to RM605.57mil from RM256.85mil a year earlier.
In a filing with Bursa Malaysia, Binastra said the increase in the group’s revenue and profit was mainly due to its construction segment.
“The construction segment, which is the group’s primary revenue contributor, recorded revenue of RM605.3mil and profit before tax (PBT) of RM49.8mil for the current quarter, compared to revenue of RM256.4mil and PBT of RM31.6mil in the corresponding quarter of the preceding financial year.
“The significant increase in revenue was mainly attributable to the group’s expansion into new construction services, particularly solar installation projects, which contributed RM221.8mil during the current quarter.”
