SunCon declares nine sen dividend for 4Q, lifting FY2025 payout to record 50.5 sen as revenue tops RM5b

KUALA LUMPUR (Feb 24): Sunway Construction Group Bhd (KL:SUNCON) has declared a fourth interim dividend of nine sen per share, lifting its total dividend for the year to a record-high 50.5 sen per share, after annual revenue surged past the RM5 billion mark to RM5.34 billion.

Net profit for the financial year ended Dec 31, 2025 (FY2025) soared 93.6% to RM361.78 million from RM186.91 million in the previous year. Full-year earnings per share rose to 27.74 sen from 14.50 sen, according to the group's Bursa Malaysia filing on Monday.

SunCon said the stronger annual performance was underpinned by robust contributions across all segments, led by accelerated progress in advanced technology facilities-related projects.

By segment, the construction division contributed RM5.13 billion in revenue for FY2025, up 54.2% compared with RM3.33 billion in the previous year, while the precast segment’s revenue rose 6.3% to RM207.08 million from RM194.79 million.

The nine sen per share dividend is payable on March 31.

For the fourth quarter ended Dec 31 (4QFY2025), net profit climbed 71.2% to RM118.39 million from RM69.17 million a year earlier.

Quarterly revenue fell 27.4% to RM1.02 billion from RM1.40 billion in 4QFY2024, when the group benefited from accelerated progress in the Rapid Transit System (RTS) Link and several data centre projects under the construction segment.

Nevertheless, the group achieved more than double its profit margin year-on-year for the construction segment, mainly due to a recalibration of margins to reflect cost savings arising from accelerated progress in certain data centre projects.

Managing director Liew Kok Wing said the group achieved an all-time high order book replenishment of RM5.2 billion in 2025 and has set a higher target of RM6 billion for 2026, supported by a strong tender pipeline and ongoing client engagements.

He said the accelerating global adoption of artificial intelligence is fuelling a new wave of data centre investments across Asia, with major hyperscale technology companies announcing substantial cloud and data centre expansions in Malaysia.

"Against this backdrop, the group is strengthening its position in this high-growth segment, backed by its solid track record of delivering over 156MW of data centre capacity and currently managing nine ongoing projects for global technology clients," Liew said.

Liew added that the group remains cautiously optimistic for 2026, backed by a diversified order book spanning advanced technology facilities, Sunway Group developments and public infrastructure projects.

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