PETALING JAYA: Bina Puri Holdings Bhd
posted a pretax loss of RM98.1mil and net loss of RM107.9mil largely attributable to impairment charges and high financing costs for its financial results for the extended 23‑month period ended May 31, 2026.
The company posted revenue of RM466.4mil for the period.
Bina Puri's filing with Bursa Malaysia highlights difficulties faced across its core businesses.
The construction division, which contributed RM228.3mil in revenue, recorded a segmental loss of RM38.3mil, worsened by impairment provisions of RM38.2mil and finance costs of RM43.3mil.
The property investment and development segment generated RM172.1mil in revenue but slipped into losses after absorbing RM26.6mil in impairments and RM10.8mil in financing costs.
The power supply segment reported RM15.9mil in revenue but still posted a RM5mil loss before tax.
Bina Puri remains engaged in restructuring efforts and continues to pursue opportunities in Malaysia’s construction sector, particularly in Sarawak, where government allocations for infrastructure projects under Budget 2026 may provide new prospects.
The group also expects property market incentives, such as stamp duty exemptions for first‑time homebuyers, to support demand in the residential segment.
