MRCB steady at RM 73.2M: new wins offset LRT3 dip

MRCB FY2025: revenue RM1.20bn (‑27%) as LRT3 nears completion; PBT RM73.2m (‑2%), PAT RM47m. ECE led revenue; property revenue fell 41% but property sales rose 11% to RM927.4m with RM1.4bn unbilled. Won ~RM5.5bn new contracts; unbilled construction order book RM5.7bn. Completed acquisition of 80% Bukit Jalil Sentral; net gearing 0.41x. Declared 1.00 sen dividend. Expect RM2.2bn launches in 2026 and stronger revenue from 2027–2029.

Click here:https://www.edgeprop.my/content/1915916/mrcb-profit-holds-steady-rm732m-pbt-new-project-wins-offset-27-revenue-drop-lrt3-taper