Gamuda Berhad posted a 5% increase in its third-quarter net profit to RM258 million, driven by robust contributions from domestic construction projects orderbook; and Group revenue rose 38% to RM4.5 billion.
The Group has also declared a second interim dividend of 5 sen per ordinary share, bringing the total year-to-date payout to 10 sen.
The construction orderbook reached a new record of RM52 billion following RM11.7 billion in new project wins this quarter. Year-to-date wins now stand at RM25.1 billion, comprising a water supply scheme, a hyperscale data centre in Malaysia, solar farms in Australia and a Mass Rapid Transit system project in Taiwan.
The Group’s revenue for the nine months ended 30 April 2026 grew 12% to RM13 billion, and net profit rose 5% to RM703 million. Construction revenue and earnings for the period rose 15% and 7% respectively, bolstered by robust progress in domestic projects.
Gamuda noted that its gearing has temporarily risen to 73% due to strategic landbank acquisitions to boost its quick-turnaround project (QTP) portfolio in Vietnam and Singapore, with spending to develop existing projects. The gearing would reduce from next year onwards as the Group generates revenue and cash flow from its record RM52 billion construction orderbook and unbilled property sales of RM7.4 billion.
