Kuala Lumpur, 22 May 2026 – Ibraco Berhad delivered a resilient first-quarter performance for the financial period ended 31 March 2026, with net profit attributable to owners coming in broadly stable at RM13.3 million despite softer revenue, supported by stronger property development margins and steady execution of major infrastructure projects.
The Sarawak-based property and infrastructure developer recorded revenue of RM160.9 million in 1QFY26, compared with RM184.1 million in the corresponding quarter last year. The decline was mainly due to moderated performance from the construction segment following the completion of certain projects.
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