Sunway Construction Group Berhad has informed that the targetted release date for the anticipated unaudited annual report for the fourth quarter as being February 23, 2026.
Investors and analysts are widely anticipating a “bumper” performance, fueled by the accelerated progress of several high-profile data center (DC) projects.
Market sentiment remains bullish on SunCon as it concludes what many describe as a “super-cycle” year. Analysts from CGS International and RHB Research expect the 4Q25 figures to reflect the peak construction phase and early handover of major technology facilities in Johor and the Klang Valley.
Key performance drivers for the 4Q25 report include:
- Data Center Peak Billing: The successful commissioning and handover of the JHB1X0 Data Center in November 2025 is expected to significantly boost the quarter’s revenue recognition.
- Order Book Strength: As of late 2025, SunCon held an outstanding order book of approximately RM5.4 billion to RM6.7 billion, with advanced technology facilities (ATFs) making up over 50% of the value.
- Special Dividend Potential: Following a surprise 23-sen special dividend declared in November, shareholders are keen to see if the final quarter will include further capital management rewards.
2026 Outlook: The RM18 Billion Tender Pipeline
While 4Q25 marks the end of the fiscal year, the narrative for SunCon has already shifted toward its massive RM18 billion tender book as of January 2026. The company is currently maintaining a new order win target of RM4.5 billion to RM6 billion for FY26.
The stock has seen a resilient climb in early February 2026, trading near the RM5.96 (as of Friday 6 February) level as it recovers from the volatility surrounding the proposed RM11 billion IJM-Sunway merger news in January. Most research houses maintain a “Buy” or “Add” rating, with top-end target prices reaching as high as RM7.32.
