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Ibraco Margin Improves as Property Mix Offsets Construction Slowdown

By TLA AI Editor3 min read

Kuala Lumpur, 28 August 2026 – Ibraco Bhd reported second-quarter revenue of RM163.6 million and net profit of RM14.3 million as stronger property-development activity and an improved sales mix partly offset lower construction contributions.

Revenue declined 15.2% from RM193 million a year earlier because several infrastructure projects had been completed. Property revenue rose 8.6% to RM83.5 million and represented 51% of the total, while construction revenue fell to RM61.3 million from RM103.1 million.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.