Kuala lumpur: Binastra Corporation Bhd's net profit increased to RM133.49 million for the financial year ended January 31, 2026 (FY2026), up from RM90.26 million in the previous year. The company's FY2026 revenue also rose to RM1.50 billion, compared with RM946.6 million in the prior financial year.
According to BERNAMA News Agency, the engineering services company, in a Bursa Malaysia filing, attributed the rise in profit and revenue in the fourth quarter (4Q FY2025) to its construction segment, primarily driven by its wholly owned subsidiary, Binastra Builders Sdn Bhd (BBSB). For 4Q FY2026, Binastra reported a higher net profit of RM42.4 million compared to RM25.1 million in the corresponding quarter of the previous year, with revenue jumping to RM477.2 million from RM270.2 million in 4Q FY2025.
The company stated that the increased revenue in BBSB was largely due to a greater number of ongoing projects during the quarter. The segment's performance was further bolstered by contributions from the newly acquired 51 percent-owned subsidiary, LF Lansen. The construction segment is expected to continue as the main contributor to the group's revenue and profitability, enhancing overall performance in the future.
Looking ahead, Binastra intends to maintain its growth momentum by efficiently executing its current order book while securing new high-value contracts. The group is strategically expanding its operations into other Malaysian states, following recent entries into Sabah and Johor, and is exploring opportunities in infrastructure and renewable energy developments.
The group emphasized its commitment to environmental, social, and governance (ESG) leadership, with plans to continue enhancing ESG practices to align with global standards. Binastra noted that the private sector remains strong, with increased interest in industrial, residential, and commercial developments, particularly in high-growth regions like the Greater Klang Valley, Johor, and Sabah and Sarawak.
Additionally, the group has declared a final single-tier interim dividend of 3.5 sen per share for FY2026, which will be payable on April 24, 2026.