share_log

Binastra Saw Its Q3 PATAMI Surge 115% Driven By Higher Construction Job

Business Today ·  Dec 19 22:37

Binastra Corporation Berhad announced its financial results for the third quarter achieving a 120.0% increase in revenue to RM265.9 million, compared to the corresponding quarter last year. Profit before tax ("PBT") surged by 115.1%, to RM32.9 million, while profit after tax and minority interests ("PATAMI") rose by 115.4% to RM24.2 million.

The group said the construction segment, spearheaded by wholly owned subsidiary continues to serve as the primary revenue contributor.

For the cumulative 9 months ("9MFYE2025"), PBT and PATAMI surged by 151.0% and 156.6% to RM87.3 million and RM65.2 million respectively. The strong growth was built on the back of a 150.7% increase in revenue to RM676.4 million, mainly attributed to higher construction work activities and commencement of nine new projects during the current financial year.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment