Last updated on December 25, 2025

KUALA LUMPUR, 19 November 2025 — Taliworks Corporation Berhad (KLSE:TALIWRK) reported a resilient set of results for the third quarter of FY2025, delivering a profit despite a softer topline impacted by the absence of government compensation for the Grand Saga highway.

The Group recorded RM110.8 million in revenue for the quarter ended 30 September 2025 (Q3FY2025). Revenue was lower year-on-year largely due to the absence of the RM55.3 million toll compensation received in the same quarter last year.

However, this decline was partly offset by stronger construction revenue, which rose from RM21.3 million to RM30.0 million, supported by progress on Packages 2 and 3 of the Sungai Rasau Water Supply Scheme Phase 1 Project.

One-Off Reversal Lifts Associate Performance

Taliworks’ associate, SWM Environment Holdings Sdn Bhd (SWMEH), contributed a share of profit of RM27.1 million, compared with a share of loss of RM9.2 million in the same period last year.

The sharp turnaround was driven by a one-off net reversal of provisions amounting to RM112.7 million, following an agreement for the repayment of long-outstanding receivables.

With this uplift, Taliworks reported:

Profit before tax (PBT): RM53.3 million
Profit after tax (PAT): RM48.0 million

Management: Diversified Portfolio Supports Stability

Executive Director Kevin Chin said the Group remains fundamentally supported by its diversified business lines:

“Although the Group saw lower revenue this quarter, Taliworks’ financial position remains supported by its diversified business segments.
The Group continues to explore value-accretive projects to expand its footprint in water treatment and supply, construction and renewable energy.”

He added that Taliworks continues to actively participate in infrastructure-related tenders to strengthen future order book visibility.

Dividend Declared: 3.8% TTM Yield

Taliworks’ Board declared a third interim single-tier dividend of 0.5 sen per share, amounting to RM10.08 million based on 2.02 billion shares.

At the closing share price of RM0.520 on 19 November 2025, the trailing twelve months’ payout yields approximately 3.8%.

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Katherine (Kay)
Kay like to explores the intersection of money, power, and the curious humans behind them. With a flair for storytelling and a soft spot for market drama, she brings a fresh and sharp voice to Southeast Asia’s business scene.
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