PETALING JAYA: Binastra Corp Bhd
’s revenue for the second quarter ended July 31, 2026 (2QFY2027) surged 65.9% year-on-year to RM658.4mil.
Meanwhile, profit before tax (PBT) increased 89.7% to RM71.3mil, while profit after tax and minority interests (patami) grew 78.1% to RM50.6mil.
For the six-month period (1HFY2027), Binastra’s PBT and patami grew 73.0% and 60.4% to RM122.1mil and RM85.9mil respectively, on the back of a 93.4% increase in revenue to RM1.3bil.
In a statement, the construction firm said the strong performance was mainly driven by its core construction segment.
“Revenue from conventional construction and data centre projects rose by RM164.2mil to RM560.8mil in 2QFY2027.”
Binastra also has declared a first interim dividend of 4.0 sen per share for FY2027, amounting to approximately RM43.8mil, payable on Oct 16, 2026.
“The dividend represents a payout ratio of 51.0% of 1HFY2027 patami, significantly above the group’s target of distributing at least 30% of net profit,” it said.
Managing director Datuk Ir. Jackson Tan Kak Seng said the strong performance in 1HFY2027 reflected continued progress in its core construction business and the benefits of its diversification strategy.
He said the group was particularly encouraged by the progress of its data centre construction activities, having secured seven projects worth about RM2.4bil since entering the segment, reflecting clients’ confidence in its capabilities.
“With RM1.3bil in new contracts secured to date in FY27, our total outstanding order book has grown to approximately RM6.7bil, providing us with strong earnings visibility over the next four financial years.
“Our growing exposure to data centres, renewable energy and other specialised construction projects also continues to diversify our revenue base.”
