Fibromat (M) Bhd’s growth outlook is underpinned by strong contract visibility of nearly RM500 million, as the geotechnical engineering solutions provider continues to scale its integrated business model across Malaysia.
According to its Managing Director Danny Ng, the group’s outstanding order book stood at RM358.6 million as at Dec 31, 2025, with an additional RM140 million project in East Malaysia pending finalisation of its letter of award, which would further strengthen earnings visibility upon confirmation.
Ng said the pipeline reflects sustained demand for its geotechnical engineering, ground improvement and erosion control solutions amid ongoing infrastructure development activities.
At the same time, Ng also highlighted that the group reported a strong start to FY26 where for the first quarter ended March 31, 2026, revenue rose 91.2% year-on-year to RM25.5 million, while operating profit jumped 150.6% to RM5.3 million, driven by higher project execution and stronger demand.
Looking ahead, Ng revealed that the group is exploring expansion into soil instrumentation and ground testing services to complement its existing offerings and broaden its presence across the full project lifecycle.
“With a growing order pipeline and expanding capabilities, we remain confident of capturing further opportunities in infrastructure and ground improvement projects across the region,” Ng said.
