Binastra 2Q profit climbs 24% to RM28.4mil on stronger construction revenue

PETALING JAYA: Binastra Corp Bhd will remain focused on sustaining its growth momentum by executing its existing order book efficiently, while securing new high-value contracts.

In a filing with Bursa Malaysia, the construction firm said it is strategically expanding the presence in other states of Malaysia following the recent entry into Sabah and Johor.

For the second quarter ended July 31, 2025, Binastra’s net profit rose to RM28.42mil from RM22.86mil in the previous corresponding period, while revenue during the quarter grew to RM396.84mil from RM230.88mil a year earlier - mainly due to higher contributions from its construction segment.

For the six-month period ending July 31, 2025, Binastra’s net profit rose to RM53.56mil from RM40.96mil in the previous corresponding period, while revenue improved to RM653.68mil from RM410.51mil previously.

The company declared an interim dividend of 3.0 sen per ordinary share under a single-tier system, to be paid on Oct 17.