Binastra Corp's 4Q net profit jumps 70% to RM42m amid higher number of projects
KUALA LUMPUR (March 26): Construction group Binastra Corp Bhd's (KL:BNASTRA) fourth quarter net profit climbed by nearly 70% to RM42.
KUALA LUMPUR (March 26): Construction group Binastra Corp Bhd's (KL:BNASTRA) fourth quarter net profit climbed by nearly 70% to RM42.
KUALA LUMPUR (March 19): Binastra Corp Bhd (KL:BNASTRA) is in a favourable position to secure subsequent phases of its recent Subang Sentral contract win, potentially adding RM600 million to RM700 million to its order book due to its position as the main contractor, according to analysts.
KUALA LUMPUR (March 18): Binastra Corporation Bhd (KL:BNASTRA) has been appointed to complete construction of Subang Sentral for RM316 million and revive the long-stalled project in Subang Jaya.
KUALA LUMPUR (March 18): Binastra Corporation Bhd (KL:BNASTRA) is poised to close its financial year 2026 with a "bang", according to RHB Research, who is projecting a sharp 60% to 100% jump in its upcoming fourth-quarter earnings, driven by its strong RM7 billion order book.
KUALA LUMPUR (Feb 5): Binastra Corporation Bhd’s (KL:BNASTRA) series of data centre-related job wins could pave the way for the group to expand further beyond residential property projects, analysts said.
KUALA LUMPUR (Feb 4): Binastra Corp Bhd (KL:BNASTRA) has secured a RM503 million contract for the proposed development of a data centre in Jalan Sri Permaisuri, Kuala Lumpur.
KUALA LUMPUR (Jan 22): Binastra Corporation Bhd (KL:BNASTRA) has secured a RM742.
KUALA LUMPUR (Jan 16): Binastra Corporation Bhd (KL:BNASTRA) has secured its largest contract to date, following the acceptance of two letters of award worth a combined RM1.
One of the key requirements for heavy industry players is space—not just any space, but one that is huge enough to store and operate extensive machinery, tools, and equipment.
The latest job would be the company’s fifth data centre-related contracts, bringing the total value in the segment to RM1.