Binastra Corporation Bhd delivered a solid start to FY27, with profit after tax and minority interests (PATAMI) surging 40.3% year-on-year to RM35.3 million, underpinned by stronger contributions across its construction portfolio, including solar installations, data centres and conventional projects.
The group’s performance for the first quarter ended April 30, 2026, was supported by a sharp rise in revenue, which more than doubled to RM605.6 million from RM256.8 million a year earlier, reflecting robust project execution and an expanding order pipeline.
The growth was driven primarily by its core construction segment, with new solar installation projects adding fresh earnings momentum alongside sustained contributions from higher-value data centre developments and ongoing construction works.
Managing Director Datuk Jackson Tan Kak Seng said the strong quarterly showing reflected the group’s resilient business model and disciplined execution strategy.
“We are encouraged by the group’s strong start to FY27, which reflects the resilience of our diversified project portfolio and the successful execution of our growth strategy,” he said, adding that the expansion into solar installation projects has strengthened the group’s earnings base.
He noted that despite a volatile operating environment and fluctuations in material costs, the group remains focused on cost discipline, operational efficiency and execution quality to sustain performance.
Looking ahead, he highlighted that Binastra’s earnings visibility remains supported by a robust order book of approximately RM6.8 billion, alongside RM819.5 million in new contract wins secured so far in FY27, positioning the group for continued growth momentum in the quarters ahead.
