Sarawak Consolidated Industries Bhd (SCIB) recorded profit after tax (PAT) of RM6.74 million for the six months ended June 30, 2026 (1H26), as the construction and EPCC specialist sharpened its focus on core operations while replenishing its project pipeline.
Group revenue for 1H26 stood at RM107.72 million. SCIB did not provide year-on-year comparisons following the change in its financial year-end to Dec 31, 2025.
For the second quarter, SCIB posted PAT of RM6.31 million on revenue of RM48.42 million. Continuing operations contributed RM4.22 million in PAT, while the manufacturing business, classified as a discontinued operation following the disposal of SCIB Concrete Manufacturing Sdn Bhd, contributed RM2.08 million up to the completion of the disposal on May 22.
The quarter also included a RM12.55 million gain from the SCM disposal, which forms part of SCIB’s strategic shift towards a more streamlined construction and engineering, procurement, construction and commissioning business.
Non-independent non-executive chairman Datuk Chong Loong Men said SCIB’s priority is now to translate its renewed project pipeline into more consistent recurring earnings through disciplined execution and cost control.
Since April, the group has secured four projects in Sabah worth a combined RM90.28 million, covering works in Beluran, Universiti Malaysia Sabah, Tambunan and Keningau.
SCIB has also broadened its development pipeline after subsidiary SCIB Ecobuild Sdn Bhd entered into a co-development agreement in August for a 144-unit high-rise residential project in Penampang, Sabah, with an estimated gross development value of RM83.19 million.
Looking ahead, SCIB remains cautiously optimistic that its strategic realignment, recent EPCC wins and continued infrastructure activity in Sabah and Sarawak will support the recovery of its continuing operations and strengthen medium-term earnings visibility.
