KUALA LUMPUR, 29 August 2025 – Sabah-based road infrastructure specialist Azam Jaya Berhad (大城集团) has posted revenue of RM101.7 million for the first half of the financial year ending 30 June 2025 (1HFY25), supported by a robust RM1.38 billion unbilled order book that underscores strong earnings visibility.
For the second quarter (2QFY25), the group recorded revenue of RM43.1 million, down from RM58.6 million in the preceding quarter. The softer performance was attributed to temporary site-specific challenges requiring additional coordination and resource allocation. Nevertheless, Azam Jaya delivered a sharp turnaround in profitability, with net profit surging more than three-fold to RM2.4 million in 2QFY25, compared to RM0.5 million in 1QFY25. The rebound was primarily driven by variation of price claims submitted to clients during the period.
On a half-year basis, the group’s net profit came in at RM2.9 million, easing from RM7.8 million in 1HFY24, in line with reduced revenue against the previous year’s RM148.8 million.
Strong Order Pipeline and Strategic Growth
Executive Director Datuk Jessica Lo (拿督罗文圻) highlighted that the group remains resilient despite the operational challenges.
“Notwithstanding the hurdles during the quarter, we anticipate stable performance in the coming periods through proactive cost management, enhanced operational efficiency, and close client engagement. Our RM1.38 billion order book provides us with solid visibility, ensuring that we continue to deliver consistent value to stakeholders,” she said.
The group’s prospects were further boosted with the award of the RM120.9 million Tawau Airport upgrading contract on 6 August 2025, reinforcing Azam Jaya’s presence in key infrastructure developments across Sabah. Together with its ongoing role in the Pan Borneo Highway project, these contracts strengthen its position as a pivotal player in the state’s infrastructure growth.
Riding on the 13th Malaysia Plan
Looking ahead, Azam Jaya sees significant opportunities under the Federal Government’s 13th Malaysia Plan (2026–2030), particularly in transport upgrades, industrial expansion, and rural connectivity initiatives. The group believes these policy directions will provide a conducive operating landscape for sustainable growth in the construction sector.
Backed by disciplined execution strategies and a proven track record, Azam Jaya is positioning itself to leverage new opportunities, supporting Sabah’s long-term development agenda while driving shareholder value.
The company, which raised RM61.5 million through its Main Market listing on Bursa Malaysia in November 2024 (stock name: AZAMJAYA, stock code: 5329), continues to cement its role as a leading infrastructure builder in East Malaysia.
