PETALING JAYA: Binastra Corporation Bhd’s net profit jumped 78.1% to RM50.6 million for the second quarter ended July 31, 2026 (Q2’27), from RM28.4 million a year earlier, on higher contribution from its construction segment.
According to a filing with Bursa Malaysia, revenue for the quarter rose 65.9% to RM658.4 million from RM396.8 million, while profit before tax increased 89.7% to RM71.3 million.
For H1’27, net profit rose 60.4% to RM85.9 million from RM53.6 million, while revenue surged 93.4% to RM1.26 billion from RM653.7 million.
The group said the stronger performance was mainly driven by its construction segment, with revenue from conventional construction and data centre projects increasing RM164.2 million to RM560.8 million in Q2’27.
It also benefited from its newly acquired 51%-owned subsidiary LF Lansen Sdn Bhd and its expansion into solar installation services, which contributed RM97.4 million in revenue during the quarter.
Binastra said it secured a RM500 million letter of award during the quarter for a proposed data centre development, bringing its outstanding order book to about RM6.7 billion, which is expected to provide earnings visibility over the next four financial years.
The group also declared an interim dividend of four sen per share for FY27, amounting to about RM43.8 million and payable on Oct 16, 2026.
Managing director Datuk Ir Jackson Tan Kak Seng said Binastra had secured seven data centre projects worth about RM2.4 billion since entering the segment.
The group has secured RM1.3 billion in new contracts to date in FY27, while its order book has grown to about RM6.7 billion.