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Net profit rises 16.7pct as Sunway delivers broad-based growth in Q2

KUALA LUMPUR: Sunway Bhd posted a stronger second quarter for financial year 2026 (FY26), with net profit rising 16.7 per cent to RM318.6 million.

Net profit rises 16.7pct as Sunway delivers broad-based growth in Q2

Sunway Bhd reported a 16.7% increase in net profit to RM318.6 million for Q2 of the FY26, driven by growth across its diversified businesses. Revenue rose 13.4% year-on-year to RM2.9 billion, with property development revenue up 15.2% to RM405 million and pre-tax profit jumping 57.2% to RM82 million. The company's expansion into Singapore through strategic land acquisitions, as well as successful completion of data centre projects, contributed to the growth.

Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

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