Main Market-listed leading engineering services group AWC Bhd registered a revenue of RM115.86 million for Q3 ended March 31, 2026 (FY26), a jump of 17.5% year-on-year (YoY) from RM98.6 million a year ago.
The double-digit improvement stemmed from higher contributions from the Facilities, Engineering, and Rail divisions, driven by the commencement of new projects, higher project progress, and improved order fulfilment.
Q3 FY26 revenue from the Facilities Division rose 11.2% YoY to RM59.1 million versus RM53.1 million a year ago.
The Engineering and Rail Divisions recorded a YoY growth of 32.9% and 36.5% to RM26.5 million and RM15.6 million, respectively.
At the bottom line, the group’s net profit rose 6.1% YoY to RM6.0 million in Q3 FY26, compared to RM5.7 million last year.
Group CEO and president Datuk Ahmad Kabeer Mohamed Nagoor said contracts secured in FY26 have begun to contribute positively to the group, as reflected in its latest results.
“More importantly, we anticipate these projects to gain further traction and lay a stronger foundation for the group as we approach FY27.
“Our diversified revenue streams across four key divisions continue to serve as a resilient foundation, enabling the group to navigate prevailing headwinds.
“The Facilities, Engineering and Rail Divisions have registered healthy performance, collectively offsetting the slower pace in our Environment Division, which has been impacted by ongoing geopolitical uncertainties in the Middle East.
“Within our Engineering Division, we continue to strengthen our involvement in higher-specification and infrastructure-intensive projects, including data centre developments, which require specialised technical capabilities and execution standards.
“At the group level, the order book remains healthy at RM865 million as of end-March 2026, providing clear earnings visibility for the coming years.
“All things considered, AWC’s outlook remains exciting as we focus on the delivery of our order book, actively pursue opportunities in our pipeline, and remain vigilant amid a dynamic operating environment,” he said.
The group’s 9M FY26 revenue came in at RM319.0 million, a 3.0% YoY increase from RM309.7 million in the prior year.
Meanwhile, net profit was at RM14.2 million in the current period, vis-à-vis RM18.2 million in 9M FY25.
This was largely due to the aforementioned moderation in the Environment Division for the Middle East.
