Bintai Kinden Corporation Bhd has reported a full-year profitability turnaround for the financial year ended March 31, 2026 (FY26), posting a profit after tax (PAT) of RM3.37 million after a sharp recovery in revenue across its core engineering and construction segments.
The result marks a decisive reversal from the previous year’s RM32.31 million loss after tax, underpinned by more than doubling of annual revenue to RM55.8 million from RM25.29 million in FY25, driven primarily by stronger execution in its mechanical and electrical (M&E) and construction businesses.
For the fourth quarter, revenue more than doubled year-on-year to RM15.37 million, led by the M&E segment, which contributed nearly 77% of total quarterly revenue. While the group still recorded a small loss for the quarter, this narrowed significantly from RM31.69 million a year earlier, reflecting improved operational scale and more stable concession income.
Managing Director and CEO Datuk Tay Chor Han said FY26 was a “highly transformative year” for the group, highlighting stronger top-line growth, a return to profitability and improvements in its balance sheet position.
He noted that while quarterly earnings were affected by one-off provisions and slower project progress, core operations remained solid, supported by steady execution in M&E and construction as well as recurring contributions from concession arrangements.
Looking ahead, he said the group is well positioned for continued growth, with an order book of RM146.82 million as at end-March 2026, alongside an active tender pipeline worth approximately RM2.08 billion across M&E and construction projects.
