SUBANG JAYA: Main market-listed leading engineering services group, AWC Bhd, posted a revenue of RM97.6 million for the first quarter (Q1) ended September 30, 2025 (FY26), an increase of 3.4% year-on-year (YoY) from RM94.4 million a year ago.
This was primarily driven by increased contributions from the engineering division on the back of higher project progress.
At the bottom line, net profit came in at RM4.1 million vis-à-vis RM6.2 million in Q1 FY25.
The top-line performance was not translated into net profit due to slower project progress in the Middle East market for the environment division.
Group CEO and president Datuk Ahmad Kabeer Mohamed Nagoor said the company is mindful that FY26 began at a more measured pace, primarily reflecting timing considerations in several of the markets it operates in for the environment division.
“On a much brighter note, we anticipate a strengthening of momentum in the coming quarters as these markets gain further traction, reinforcing the positive outlook for the group for the current financial year.
“We have secured approximately RM270 million in contracts for FY26 to
date, providing the group with clear earnings visibility over the coming years.
“This includes our first win in the mission-critical and high-technology segment for the integrated facilities management services for Telekom Malaysia Bhd’s (TM) data centres and buildings under our facilities division.
“Our order book remains healthy, and our team continues to pursue the ample
opportunities across all our key divisions – facilities, environment, engineering
and rail,” he said in a statement.
As of the end of September 2025, AWC’s order book stands at RM528 million.
This excludes four contracts secured after the close of the quarter under review
amounting to around RM258 million.
On a quarter-on-quarter (QoQ) basis, Q1 FY26 revenue and net profit stood at
RM97.6 million and RM4.1 million, respectively, versus RM104.4 million and
RM6.7 million in Q4 FY25.
This was predominantly due to softer contributions from the environment division, as noted above.
