Gamuda Bhd 4Q net profit rises 22% on strong domestic construction earnings
Overseas property earnings advanced 68%, contributing to the 22% overall profit growth.
Overseas property earnings advanced 68%, contributing to the 22% overall profit growth.
In a filing with Bursa Malaysia, Gamuda said the provisional tender result was announced by Singapore’s Housing and Development Board (HDB) after the tender closed on Thursday.
Atrium is a newly launched Milan-inspired 3-storey retail-tainment hub in the heart of Gamuda Gardens, Sungai Buloh North.
The project, located 500m from the SS15 LRT station, enjoys close proximity to major facilities within a 5km radius including Subang Medical Centre, the Sunway Pyramid shopping mall, Subang Parade, and NU Empire.
The scope of works covers the construction, completion, testing and commissioning of two data centre blocks (shell and core), a consumer substation, a water reservoir, as well as related infrastructure and ancillary facilities.
Phase 1 of the highway—covering three sections in Limbang (44.
There would be a slew of contract awards in the next six- to 12 months, and positive headlines from the upcoming Budget 2026 to be tabled in Parliament in October, the research house noted.
Gamuda is currently the main tunnelling contractor for the SMW Western Tunnelling Package, linking Sydney Olympic Park and Westmead through a joint venture (JV) with Laing O’Rourke.
The firm said Eco World Development Group Bhd (KL:ECWLD) and Sime Darby Property Bhd (KL:SIMEPROP) will award four major data centre projects—two each—within the next two months.
Analysts remain upbeat on Gamuda’s outlook, with CGS International Securities estimating the combined construction value of the Weasel Solar and Cellar Hills Wind farms at RM3.