SUBANG JAYA: Main Market-listed leading engineering services group AWC Bhd is looking to build on the positive momentum in FY26, based on the momentum achieved in FY25, which saw the company posting an all-time high in revenue.
Group CEO and president Datuk Ahmad Kabeer Mohamed Nagoor said the company have started FY26 on a solid footing with several significant contracts secured, bringing the total new wins announced so far to RM382 million.
He said more importantly, these contracts provide clear earnings visibility for the coming years and further reinforce AWC’s recurring revenue base.
In FY25, around 45% of AWC’s revenue was recurring in nature.
“Looking ahead, we continue to seize the promising opportunities for all 4 of our
key divisions.
“For the Facilities Division, having secured the 1-year extension, we are actively preparing and working closely on the tender for the new concession.
“As for the Environment Division, we anticipate the Singapore and Middle East markets to gradually pick up pace, while the Malaysia market is expected to continue its healthy traction,” Ahmad Kabeer said after concluding AWC’s 24th annual general meeting (AGM) yesterday.
He said that for the Engineering Division, AWC is tendering for several data centres
projects in Malaysia, as well as other jobs in the Singapore market.
“Meanwhile, the data centre project secured last year under this division has been progressing well and is on track for completion very soon.
“Lastly, our Rail Division secured a RM60.0 million contract for rail track works on the LRT Ampang Line from Prasarana Malaysia Bhd last week.
“Looking ahead, the upcoming rail infrastructure initiatives, including the Penang LRT, MRT3 and projects in the southern region, present opportunities for the Group to further strengthen its role in this sector.
“Overall, we remain encouraged by the group’s promising outlook, as we see ample room for growth across all divisions with multiple opportunities to capture,” Ahmad Kabeer said.
As of the end of September 2025, AWC’s order book stands at RM528 million.
This excludes six contracts secured after the close of the quarter under review
amounting to around RM370 million.
Total dividends for FY25 amounted to 1.25 sen per share. This translates to a
dividend payout ratio of 16.5% based on FY25 earnings per share of 7.5 sen
