PETALING JAYA: Bintai Kinden Corporation Bhd (BKCB), a mechanical and electrical (M&E) engineering services specialist, construction, medical device manufacturer and facilities operator, delivered a significantly stronger performance for the third quarter ended Dec 31, 2025 (3Q), marking the group’s second consecutive profitable quarter following the completion of its Regularisation Plan on May 21, last year.
For Q3, the group reported revenue rose to RM17.07mil, representing an increase of more than 100% compared to RM7.54mil in the corresponding quarter last year.
The group also recorded a profit before tax (PBT) of RM4.33mil, reflecting continued operational recovery driven by higher project billings and more disciplined cost management.
The M&E division, supported by the construction sub-segment, remained the key revenue contributor during the quarter with RM13.52mil of 79.20% of total quarterly revenue, while the concession segment continued to deliver predictable and recurring revenue of RM3.54mil.
The construction sub-segment continues to support the group’s earnings, underpinned by active project execution and strengthening operational fundamentals as it continues to execute projects more efficiently while maintaining financial discipline.
During the quarter, the group was awarded a new construction project with contract value of RM25.20mil with one ongoing project reaching an advanced stage of construction, while another was completed towards the end of the quarter.
Meanwhile, the concession segment continued to provide predictable and recurring income of RM1.69mil or 39.03% of total PBT, reinforcing the group’s earnings stability.
BKCB managing director cum chief executive officer Datuk Tay Chor Han said, “Achieving two consecutive profitable quarters is a clear affirmation that our turnaround strategy is gaining traction.
“We are seeing stronger execution across our construction and M&E operations, while our concession business continues to provide earnings stability.
“With an improving orderbook, we are now focused on building consistency in earnings and strengthening our long-term financial position.”
As of Dec 31, 2025, BKCB maintained a healthy project pipeline, with an orderbook under M&E and Construction segment of approximately RM4.20mil and RM140.35mil respectively.
The group is actively participating in new tenders across both segments, with RM577.81mil worth of bids currently under evaluation and pending decisions from awarding parties.
This builds on the operational momentum established in the previous quarter, where stronger project execution and improved billing progress had already translated into a return to profitability, signalling a strategic move back towards its core M&E engineering strengths.
The continued progress of existing projects, together with a solid tender pipeline, provides improving earnings visibility for the upcoming quarters.
Following the completion of its Regularisation Plan and the achievement of two consecutive profitable quarters, BKCB is preparing to submit its application to Bursa Malaysia for upliftment of PN17 status, in line with regulatory requirements.
Looking ahead, the group remains cautiously optimistic, supported by a growing contribution from its construction sub-segment, stable recurring income from concession assets and an active tender pipeline in its M&E segment, including participation in TNB tender exercises as the group strengthens its return to core M&E engineering.
