DENGKIL, 26 August 2025 – Wawasan Dengkil Holdings Berhad (“Wawasan Dengkil”), a provider of earthworks and civil engineering construction services, has announced a net profit of RM10.5 million for the financial year ended 30 June 2025 (FY2025). The performance was backed by healthy contributions from its core construction services segment and a strong pipeline of projects across Malaysia.
For FY2025, the Group posted revenue of RM180.6 million, slightly lower than RM188.5 million in FY2024 due to reduced activity in non-core segments such as construction material trading and machinery hire. Construction services continued to dominate, contributing 90% of total revenue. Gross profit margin improved to 15.1%, driven by lower depreciation costs and the completion of the Cybersouth Avaland Project.
Excluding RM2.1 million in one-off IPO listing expenses, adjusted net profit stood at RM12.6 million, translating to a margin of 7.0%.
Strong Q4 Momentum
On a quarterly basis, revenue in 4QFY2025 climbed 13.1% to RM45.9 million, supported by progress in the Sungai Long and Central Spine Road projects. Net profit rose 10.4% quarter-on-quarter to RM2.3 million.
Robust Orderbook and New Wins
As of 30 June 2025, Wawasan Dengkil was managing 13 ongoing projects with an unbilled orderbook of RM361.2 million. The Group has also secured two new contracts in July 2025:
- A RM44.8 million LOA from PG LinkaranFibre Sdn Bhd for fibre optic infrastructure works in the Southern Region;
- A RM9.0 million LOA from TG Malim Hi-Tech Park Sdn Bhd for site clearance and earthworks in Behrang Ulu.
Executive Director Lim Soon Yik said the company remains optimistic:
“We are supported by a strong project pipeline that will keep us busy for the next two to three years. With a tender book of RM1.6 billion spanning property development, highways, rail projects, and solar farm infrastructure, we are well-positioned to capture Malaysia’s infrastructure growth and renewable energy transition.”
Industry Backdrop
Malaysia’s construction sector has shown strong momentum. According to the Department of Statistics Malaysia, the value of government construction works hit RM9.1 billion in Q2 2025, while the private sector surged to RM28.2 billion, both the highest in a decade. This trend is further supported by the 13th Malaysia Plan, which earmarks RM430 billion for development and infrastructure spending.
Listed on the ACE Market in March 2025, Wawasan Dengkil raised RM27 million in fresh funds under the stock code DENGKIL (0347).
