Kuala lumpur: Gamuda Bhd’s shares rose this morning after reporting that its year-to-date net profit increased by 10 per cent to reach the RM1 billion mark for its financial year ended July 1, 2025 (FY2025). At 10.05 am, the counter added three sen to RM5.55, with 4.76 million shares traded.

According to BERNAMA News Agency, in a statement last week, the engineering and property group highlighted that its revenue had also increased by 11 per cent to a record-breaking RM16.4 billion. Gamuda stated that this milestone was a result of its robust domestic construction projects, resulting in an all-time-high construction orderbook balance of RM38 billion after recording job wins totalling RM25 billion in FY2025.

Maybank Investment Bank Bhd noted that Gamuda’s earnings were within expectations as its property earnings contributions surged in the fourth quarter of FY2025. The bank stated, “We expect margins to continue expanding due to a rising share of domestic construction projects,” and added that the target price for the shares could reach as high as MYR7.02 per unit.