MGB Bhd recorded a 16% year-on-year increase in profit after tax and non-controlling interests (PATAMI) to RM27.5 million for the first half ended June 30, 2026 (1H26), supported by effective cost optimisation, disciplined project execution and improved margins across its businesses.
Revenue for 1H26 stood at RM411.8 million, with the group saying earnings remained resilient despite revenue timing effects.
For the second quarter, PATAMI climbed 12% to RM13.3 million despite revenue easing to RM201.7 million from RM216.4 million a year earlier. The softer revenue was mainly due to lower contributions from property development following the completion and vacant possession handover of several projects.
Group Executive Chairman Tan Sri Lim Hock San said disciplined execution, operational efficiency and prudent cost management helped MGB deliver stronger margins and improved profitability.
As at June 30, MGB’s domestic construction order book stood at RM1.68 billion, while unbilled property sales were approximately RM290 million, providing earnings visibility ahead.
The group also plans to launch developments with a combined estimated gross development value of RM2.7 billion between FY26 and FY28.
