KUALA LUMPUR: Construction outfit Kerjaya Prospek Group Bhd recorded revenue of RM671.7 million for Q4 ended Dec 31, 2025 (FY25), representing a 12.3% year-on-year increase from RM598.1 million, while net profit rose 53.4% to RM66.7 million.
The construction segment sustained its earnings momentum, having contributed RM555.7 million in revenue.
Meanwhile, the property development segment more than doubled its revenue to RM115.2 million, compared with RM51.5 million in Q4’24, reflecting stronger project progress and sales recognition.
For FY25, Kerjaya Prospek achieved a new record revenue of RM2.2 billion, representing a 22.5% year-on-year increase from RM1.8 billion, while net profit grew 40.2% to RM224.7 million.
The construction segment remained the group’s primary revenue driver, accounting for RM1.9 billion, or 86.4% of the group’s total revenue.
The property development segment gained significant traction, with revenue rising 3.4 times from RM95.6 million to RM320.8 million, supported by contributions from the group’s developments The Vue @ Monterez and Papyrus @ North Kiara.
Kerjaya Prospek declared a fourth interim single-tier dividend of 3.5 sen per share, amounting to RM44 million, payable on March 26, 2026.
This brings total dividends declared for FY25 to 12.5 sen per share, totalling RM157.2 million, equivalent to 70% of net earnings.
Based on the closing price of RM2.59 on Feb 25, 2026, full year dividend translates to an attractive dividend yield of 4.8%.
Kerjaya Prospek maintained a healthy balance sheet with a net cash position of RM358.7 million as of Dec 31, 2025, providing strong financial flexibility to support ongoing projects and pursue new opportunities.
CEO and executive director Tee Eng Tiong said FY25 marks another milestone year for Kerjaya Prospek, as it achieved a new revenue record and delivered robust earnings growth.
“This performance reflects the resilience of our core business segments and our team’s unwavering commitment to execute projects efficiently, safely and on schedule.
“We have reaffirmed our order book replenishment target of RM2 billion for FY26, supported by a strong start to the year with the successful securing of two new contracts totalling RM703.5 million.
“As we enter 2026, our focus remains firmly on replenishing our order book, enhancing earnings visibility and unlocking greater value from our ongoing and upcoming development projects.
“We will continue to strike a prudent balance between reinvestment for growth and delivering sustainable returns to shareholders, positioning Kerjaya Prospek for long-term value creation,“ he said.