Domestic projects will continue to anchor Gamuda's earnings next year
KUALA LUMPUR: Gamuda Bhd anticipates its earnings performance next year will be predominantly anchored by domestic construction projects, including hyperscale data centre builds, following strong domestic segment performance this year.
Gamuda Bhd projects its earnings performance next year will be primarily driven by domestic construction projects, with a notable focus on hyperscale data centre builds, according to the company's announcement of its Q4 FY26 earnings. The group remains confident in its earnings visibility, backed by record construction orderbook balance of RM61 billion and substantial unbilled property sales of RM7.6 billion.
Net profit for Q4 FY26 increased by 5.2 percent to RM349.7 million, primarily due to stronger contributions from domestic construction projects, while revenue rose by 19 percent year-on-year to RM5.76 billion. For the full financial year, net profit climbed 5 percent to RM1.05 billion from RM1 billion, and revenue increased by 14 percent to a record RM18.6 billion from RM15.97 billion.
The group has broken its earnings record for the fifth consecutive year, attributing this success to robust contributions from domestic construction projects and high-margin quick-turnaround projects in Vietnam. Domestic construction earnings surged 49 percent to RM461 million, while total construction earnings, including overseas projects, rose 19 percent to RM742 million.
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