Kuala lumpur: Gamuda Bhd posted a five per cent rise in its earnings to RM215 million from last year’s RM205 million for the first quarter ended Oct 31, 2025 (1Q FY2026), primarily driven by robust contributions from domestic construction projects.
According to BERNAMA News Agency, Gamuda said the earnings were also supported by the successful execution of quick-turnaround projects (QTP) in Vietnam. The company noted that while quarterly construction revenue remained flat due to delays in the awards of several new domestic contracts and the near completion of some Australian projects, the construction net profit still rose by 10 per cent due to stronger earnings from ongoing domestic construction contracts.
Gamuda declared an interim dividend of five sen per share, which remains unchanged from the same period last year. The group anticipates that this year’s earnings performance will be bolstered mainly by newly awarded domestic construction projects, including the construction of several data centres, and increased contributions from property QTPs in Vietnam.
Gamuda added that its resilience is anchored by a construction order book balance of RM37 billion and unbilled property sales of RM8 billion.