Gamuda Reports Five Pct Earnings Rise In 1Q On Stronger Domestic Performance, Declares Five Sen Dividend
KUALA LUMPUR, Dec 10 (Bernama) -- 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.
Gamuda said the earnings were also supported by the successful execution of quick-turnaround projects (QTP) in Vietnam.
“Quarterly construction revenue was flat due to the delays in awards of several new domestic contracts, while some Australian projects are near completion. The construction net profit rose 10 per cent due to stronger earnings from ongoing domestic construction contracts,” it said in a statement today.
Gamuda declared an interim dividend of five sen per share, unchanged from the same period last year.
Looking ahead, the group anticipates that this year’s earnings performance will be driven mainly by newly awarded domestic construction projects, including the construction of several data centres, and higher contributions from various property QTPs in Vietnam.
Gamuda added that the group's resilience is anchored by its construction order book balance of RM37 billion and unbilled property sales of RM8 billion.
-- BERNAMA