Subang Jaya, 27 August 2025 – Engineering services provider AWC Berhad posted its best-ever financial performance in FY2025, delivering a revenue of RM414.1 million and a net profit of RM24.9 million, underscoring the Group’s resilience and strategic execution amid challenging macroeconomic conditions.
Record-Breaking Topline Performance
For the year ended 30 June 2025, AWC’s revenue rose 3.8% year-on-year (YoY) from RM398.8 million, surpassing the RM400 million mark for the first time in the Group’s history. The increase was largely fueled by stronger contributions from the Rail Division, reflecting higher project fulfilments and timely order deliveries.
On the earnings front, net profit surged 26.1% YoY to RM24.9 million, up from RM19.7 million previously. The growth was largely attributed to the full-year consolidation of the Environment Division’s earnings, highlighting the success of AWC’s strategic expansion. Excluding a one-off reversal of impairment worth RM3.2 million in FY2024, the Group’s underlying net profit growth would have been an even stronger 50.9% YoY—reflecting meaningful operational improvements.
CEO Commentary and Strategic Outlook
Group Chief Executive Officer/President, Dato’ Ahmad Kabeer bin Mohamed Nagoor, said the results showcased AWC’s ability to deliver growth despite market uncertainties:
“We are certainly delighted to have posted our best-ever revenue in FY25 along with healthy net profit growth, especially in light of macroeconomic uncertainties. The full consolidation of the Environment Division’s earnings is a clear indication that our investment is yielding results. As we move into FY26, we remain focused on executing projects in hand while seizing new opportunities ahead.”
He added that ample opportunities lie ahead across divisions:
- Environment Division: While Middle East prospects are slowing due to economic headwinds, demand in Malaysia and Singapore remains robust.
- Engineering Division: The division is actively engaged in data centre projects and is tendering for more large-scale contracts.
Strong Order Book and Financial Position
As of 30 June 2025, AWC maintained a healthy outstanding order book of RM597 million, providing strong earnings visibility for the coming years. This order pipeline spans the Group’s core divisions: Environment, Engineering, Rail, and Facilities.
The Group’s balance sheet also remains solid, with:
- Net cash position of 10.7 sen per share
- Gross cash holdings of RM133.6 million
Such financial strength underpins its ability to pursue strategic projects while sustaining dividends to shareholders.
Quarterly Results and Dividends
For the fourth quarter of FY2025, AWC recorded revenue of RM104.4 million, up 2.4% YoY from RM102.0 million in 4QFY2024. However, net profit dipped marginally to RM6.7 million versus RM7.0 million in the same quarter last year, mainly due to an unfavourable sales mix.
The Board has proposed a final dividend of 0.5 sen per share, bringing the total dividend for FY2025 to 1.25 sen per share, equivalent to a 16.4% payout ratio based on earnings per share of 7.6 sen.
Outlook: Steady Growth Ahead
AWC’s strong financial footing, growing order book, and strategic positioning across high-demand sectors such as rail infrastructure, environmental solutions, and data centre engineering place the Group on a promising growth trajectory. The Group remains optimistic that it can build on this momentum in FY2026, leveraging both regional opportunities and industry megatrends.
