HSS Engineers Bhd delivered an overwhelming 151.8% jump in profit after tax to RM3.5 million for the first quarter ended March 31, 2026 (1Q26), driven by stronger margins, improved project mix and higher operational efficiency.
Revenue for the quarter, however, declined by 10.7% to RM46 million from RM51.6 million previously due to decrease in revenue from Proposed Data Centre at Cyberjaya in line with the completion status of this project.
Nevertheless, the decline was partly offset by increase in revenue contributed by Engineering Design Consultancy Services for the Proposed Development of Container Terminal at Tuna Tekra, India.
Project management remained the largest contributor, generating RM21.3 million or 46.2% of total revenue, followed by engineering design at RM11.7 million and construction supervision at RM10.6 million. Digital services nearly doubled to RM0.7 million, supported by contributions from the EDOTCO project and growing demand for technology-enabled engineering solutions.
Malaysia continued to anchor the group’s performance, accounting for RM42.6 million or 92.6% of revenue, while international operations in the Philippines and India contributed RM2.8 million and RM0.6 million respectively.
As at 31 March 2026, HSS Engineers’ unbilled order book stood at RM2.1 billion, providing earnings visibility for up to eight years, while its active tender book of RM525.0 million signals continued pipeline replenishment opportunities.
Executive Vice Chairman Tan Sri Ir Kuna Sittampalam said the group is well positioned to benefit from Malaysia’s accelerating infrastructure development cycle, supported by strong national spending commitments and ongoing mega-project execution.
