KUCHING, 26 February 2026 — Industrialised building systems specialist Sarawak Consolidated Industries Berhad reported revenue of RM54.00 million for the sixth quarter ended 31 December 2025 (Q6 FPE2025), as the Group advances its strategic transition following a change in its financial year end.
The results mark the close of an extended 18-month financial period, during which SCIB undertook corporate realignment measures and recognised impairment losses as part of efforts to strengthen its balance sheet.
Revenue in Q6 FPE2025 was mainly contributed by the Construction and Engineering, Procurement, Construction and Commissioning (EPCC) and Manufacturing segments. During the quarter, the Group recognised impairment losses on trade and other receivables within the Construction and EPCC and Manufacturing divisions under what it described as a prudent review and financial strengthening exercise.
The Manufacturing segment, now classified as a discontinued operation following a conditional disposal agreement with YTL Cement (Sarawak), generated RM36.02 million in revenue and RM1.14 million in profit before tax (PBT) in the current quarter.
Over the full 18-month period from 1 July 2024 to 31 December 2025, the Manufacturing segment contributed RM182.06 million in revenue and RM14.56 million in PBT.
Meanwhile, the Construction and EPCC segment recorded RM17.87 million in revenue for Q6 FPE2025. Its quarterly performance was affected by impairment provisions recognised on receivables, undertaken to enhance financial transparency and align the Group with its refined strategic direction. For the extended period, the segment generated RM93.34 million in revenue.
Cumulatively, SCIB posted RM276.19 million in revenue for the 18-month financial period.
During the period, the Group entered into a conditional share sale and purchase agreement for the proposed disposal of its entire equity interest in SCIB Concrete Manufacturing Sdn Bhd (SCM) for an indicative cash consideration of RM113.00 million, subject to adjustments. Following the proposed disposal, the Manufacturing business has been classified as a disposal group held for sale, with assets held for sale amounting to RM192.82 million as at 31 December 2025.
The company has also secured shareholders’ approval at an extraordinary general meeting held on 15 January 2026 for its proposed renounceable rights issue and share capital reduction exercise. These initiatives are aimed at optimising capital structure, enhancing liquidity and aligning funding requirements with its revised Construction and EPCC-focused operating model.
Executive chairman Chong Loong Men said the latest quarter represents a turning point for the Group.
“Q6 FPE2025 marks a transitional milestone for SCIB as we take decisive steps to streamline our business model and reinforce our financial foundation. The impairment provisions recognised reflect a prudent reset as we reposition the Group towards a more focused Construction and EPCC strategy. With the proposed disposal and approved capital initiatives, we are strengthening our balance sheet to better capture infrastructure opportunities across Sarawak and Malaysia,” he said.
Malaysia’s macroeconomic outlook remains supportive, with gross domestic product growth projected at 4.0% to 4.5% in 2026, underpinned by development allocations under Budget 2026 and ongoing infrastructure investments in Sabah and Sarawak.
Major projects such as the Pan Borneo Highway, the Sarawak–Sabah Link Road and the MADANI Submarine Cable System (SALAM) are expected to sustain demand for civil engineering and infrastructure works, particularly in East Malaysia.
With its corporate restructuring underway and capital position strengthened, SCIB said it is positioning itself to pursue upcoming public and private sector opportunities with greater operational focus.
