Sabah, 26 February 2026 – Azam Jaya Berhad (“Azam Jaya”) reported a resilient set of fourth-quarter results for the financial year ended 31 December 2025 (FY2025), supported by improved margins and disciplined cost management, while maintaining a robust order book of RM1.38 billion.
4QFY2025: Profit Surge Despite Softer Revenue
For the fourth quarter ended 31 December 2025 (4QFY2025), Azam Jaya recorded revenue of RM47.5 million, compared to RM67.7 million in the corresponding quarter last year (4QFY2024). The softer top line was attributed mainly to a marginal moderation in construction activities due to weather-related uncertainties toward year-end.
Despite the lower revenue, net profit surged to RM5.5 million from RM0.4 million in 4QFY2024. The sharp improvement was driven by the completion of a project, recognition of variation orders, and lower-than-budgeted project costs upon completion.
This translated into a significantly improved net profit margin of 11.6%, compared to 0.6% a year earlier, reflecting stronger project execution efficiency and margin discipline.
FY2025 Performance: Stable Bottom Line
For the full financial year FY2025, revenue came in at RM208.6 million, compared to RM274.9 million in FY2024. The decline was due to a temporary slowdown in construction activity arising from site-specific factors, particularly during the earlier part of the year.
However, net profit remained resilient at RM12.6 million, unchanged from FY2024. Notably, net profit margin improved to 6.0%, up from 4.6% previously, partly attributable to the absence of one-off listing expenses incurred in the prior year.
Management Commentary
Executive Director Datuk Jessica Lo said the Group remained resilient despite temporary project slowdowns.
“We are pleased that the Group has remained resilient despite the temporary slowdown in site progress during the year. Construction activities are expected to continue at a steady pace moving forward, as we proactively manage weather-related uncertainties that may affect project timelines,” she said.
She added that Azam Jaya continues to focus on disciplined cost control, efficient resource allocation and timely project completion to safeguard margins and operational performance.
The Group will also continue to capitalise on variation orders while maintaining prudent project management practices to support sustainable profitability.
RM1.38 Billion Order Book Supports Outlook
Looking ahead, Azam Jaya remains cautiously optimistic, underpinned by its RM1.38 billion unbilled order book as at 31 December 2025, providing earnings visibility for the coming financial periods.
The Group is actively tendering for new infrastructure projects to replenish and expand its order book, aiming to sustain revenue momentum and support operational planning across its project portfolio.
With strengthened margins and a healthy pipeline of road infrastructure projects, Azam Jaya is positioning itself to navigate sector volatility while maintaining stable profitability.
