IJM Corporation Berhad recorded operating revenue of RM1,516.3 million and RM2,920.6 million for 2Q FY2025 and 6m FY2025 respectively, an increase of 4.0% and 8.8% as compared to 2Q FY2024 and 6m FY2024 respectively.
However, the group's profits decreased by more than 20% for 2Q FY2025 mainly due to the higher unrealised foreign exchange losses of RM70 million and RM72.5 million recorded in 2Q FY2025 and 6m FY2025 respectively as compared to the unrealised foreign exchange losses of RM35.2 million and unrealised foreign exchange gains of RM6.0 million recorded in 2Q FY2024 and 6m FY2024 respectively. The group saw a decrease in all of its segments except for construction.
In addition, the Group also recognised a fair value gain of RM1.3 million and a fair value loss on WCE Holdings Berhad warrants of RM18.6 million in 2Q FY2025 and 6m FY2025 respectively. After excluding the effects of the foreign exchange and the fair value movements, the Group's pre-tax profits decreased marginally by 2.9% for 2Q FY2025, and increased by 8.1% for 6m FY2025.
