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SSBB Delivers Record Quarterly Revenue and Net Profit in 1QFY26

Last updated on December 25, 2025

KUALA LUMPUR, 26 November 2025 — Southern Score Builders Berhad (SSBB), a specialist in high-rise residential and civil infrastructure construction management, delivered its strongest quarterly performance to date for the first quarter ended 30 September 2025 (1QFY26), driven by surging contributions from its construction and mechanical & electrical (M&E) segments.

Revenue Surges 112.5% to RM83.9 Million

SSBB recorded RM83.9 million in revenue for the quarter, more than doubling from RM39.5 million in the same period last year.

The strong growth was supported by higher contributions from SJEE Engineering Sdn Bhd, its M&E subsidiary, and active progress across ongoing construction projects.

Turnkey construction revenue moderated slightly following the completion of several projects, though this was offset by improved activity across the Group’s current project portfolio.

Construction services accounted for 64.6% of total revenue, while M&E services contributed 35.3%.

Net Profit Nearly Doubles as Margins Stay Strong

In tandem with the record top-line performance, net profit jumped 96.2% year-on-year to RM15.0 million, compared with RM7.7 million in 1QFY25.

Net profit margin remained healthy at 17.9%, reflecting stable project execution and sustained profitability from the M&E division.

CEO: “Record-breaking results reflect resilience and strength”

Executive director and CEO Gan Yee Hin said the latest results reinforce SSBB’s resilience in a still-demanding operating environment.

“We are pleased to start the year in the best possible manner with record-breaking quarterly revenue and net profit. Given the dynamic macroeconomic conditions and demanding operating landscape, this achievement was the epitome of the Group’s resilience and strength. Furthermore, we are happy to witness the continued returns from our M&E division.”

Favourable Industry Backdrop Supports Future Growth

Gan noted that the broader construction landscape remains supportive. Citing DOSM data, Malaysia’s construction sector grew 13.3% in the first three quarters of 2025, with RM132.8 billion in value of work done.

The data centre industry, where SSBB actively targets new tenders, also remains in an early but rapidly expanding phase.

Healthy Order Book Provides Multi-Year Earnings Visibility

SSBB’s outstanding order book stands at:

  • RM1.2 billion for the construction division
  • RM186.6 million for the M&E division

This provides strong earnings visibility for the next several financial years.

“Supported by these developments, our team is actively participating in project tendering across both the public and private sectors to diversify its portfolio and capture emerging opportunities in infrastructure, industrial, data centres, and commercial developments,” Gan said.

He added that the Group expects to secure additional contracts through strategic bidding to sustain long-term business growth.

Net Cash Position Strengthens Balance Sheet

SSBB remains in a net cash position, with net cash per share of 1.4 sen, underscoring its solid financial standing as it advances into new growth segments.

Author

  • Kay like to explores the intersection of money, power, and the curious humans behind them. With a flair for storytelling and a soft spot for market drama, she brings a fresh and sharp voice to Southeast Asia’s business scene.

    Her work blends analysis with narrative, turning headlines into human stories that cut through the noise. Whether unpacking boardroom maneuvers, policy shifts, or the personalities shaping regional markets, Kay offers readers a perspective that is both insightful and relatable — always with a touch of wit.

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