Southern Score’s FY26 profit hits record RM66.4m, revenue doubles

LocalBusiness & Finance
27 Aug 2026 • 6:24 PM MYT
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Image from: Southern Score’s FY26 profit hits record RM66.4m, revenue doubles

KUALA LUMPUR: Southern Score Builders Bhd, an integrated engineering, procurement, construction and commissioning (EPCC) group, delivered record revenue of RM491.0 million for the financial year ended June 30, 2026 (FY26), 122.1% year-on-year (YoY) higher than the RM221.1 million posted a year ago.

This was mainly due to a stronger contribution from the M&E division, which amounted to RM225.3 million for FY26.

Additionally, this was boosted by higher contributions from the construction and consultancy services segments.

In tandem with the record top-line performance, the group’s FY26 net profit reached an all-time high of RM66.4 million, surpassing last year’s record of RM40.2 million.

Notably, this is the first time Southern Score’s revenue and net profit have eclipsed the RM400 million and RM60 million marks, respectively.

Executive director and CEO Gan Yee Hin said FY26 was a record year for the group.

He said revenue and net profit both reached fresh highs, and net profit of RM66.4 million is more than 1.6 times the RM40.2 million achieved last year.

“This was powered by a stronger contribution from our M&E arm as our data centre jobs ramped up, alongside steady execution across our turnkey construction projects,” he said.

As of June 30, 2026, the group’s total outstanding order book stood at approximately RM1.43 billion — comprising RM1.05 billion from construction, RM339.2 million from M&E (which excludes two jobs totalling RM251.5 million secured in August 2026) and RM40.5 million from specialised engineering consultancy services — providing clear earnings visibility for the coming years.

“Beyond our record financial performance, the group’s total outstanding order book stood at a high of RM1.43 billion.

“Within the M&E division in particular, we secured two of our largest-ever data centre contracts in 2026, worth RM150.0 million and RM146.5 million.

“Looking ahead, we intend to keep riding the tailwinds of the data centre industry, with our tender pipeline remaining highly promising.

“On the other hand, FY26 has also been a defining year for where the group is headed. Over the past two years we have deliberately built out our capabilities, and with NPS now on board, we have taken another meaningful step in our transformation into an integrated EPCC group, capable of delivering end-to-end project solutions across construction, M&E and specialised engineering consultancy services.

“These combined strengths sharpen our bid competitiveness for projects that demand stringent regulatory standards, and unlock a new pool of clients.

“This is a journey still in progress, but one we believe will increasingly set the group apart and open access to larger, higher-value opportunities across the value chain,” he said.

On dividends, the group has rewarded shareholders with a dividend of 1.0 sen per share or RM22.7 million for FY26, a consistent trend in the past 4 financial years.

This translates to a payout ratio of 34.2% based on the record net profit.

The group posted its best-ever quarterly performance with Q4 FY26 revenue rising 118.5% YoY to a record-breaking RM177.1 million.

Parallel to this, Southern Score’s net profit for Q4 FY26 surged 82.6% YoY to an all-time high of RM21.3 million.

The record quarterly results were primarily driven by the aforementioned factors.

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