JBB BUILDERS (01903.HK) Mid-term net profit approximately 100,000 Malaysian Ringgit

2026-02-26 09:42:07

Abstract generation in progress

Gelonghui February 24 — JBB BUILDERS (01903.HK) announced its interim results for the six months ending December 31, 2025. Revenue decreased from approximately MYR 223.8 million for the six months ending December 31, 2024, by about MYR 34.1 million or 15.2%, to approximately MYR 189.7 million for the six months ending December 31, 2025.

The significant decrease in revenue for the six months ending December 31, 2025, was mainly due to (i) a general decline in sand transportation volume from offshore shipping contracts in Singapore, caused by shallow water depths and extremely limited space in one operational area, leading to operational difficulties and reduced deliveries; (ii) slowdown in the progress of reclamation and related engineering contracts, resulting in decreased revenue from these businesses; and (iii) offset by the completion of several contracts, which contributed to revenue for the six months ending December 31, 2024, though this impact was offset by increased construction volume in building and infrastructure engineering contracts.

For the six months ending December 31, 2025, the Group reported a attributable profit to owners of approximately MYR 100,000, compared to approximately MYR 1.6 million for the six months ending December 31, 2024.

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