Petaling Jaya, 28 August 2026 – Leading Malaysian engineering, construction, and property development group WCT Holdings Berhad posted core net earnings of RM14.6 million for the first half of financial year 2026 (1H26), representing a 66% year-on-year contraction that fell 28% below prevailing market consensus expectations.
The pronounced earnings compression was primarily driven by severe operational margin drag within WCT’s core construction division, which flipped into an operating loss during the period. The division’s bottom-line performance was weighed down by persistent cost pressures on legacy fixed-price building contracts alongside a slower-than-anticipated initial revenue ramp-up on newly secured international projects across Taiwan and the Middle East.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here