Aneka Jaringan Holdings Berhad (“Aneka Jaringan” or the “Group”; Bursa: ANEKA, 0226), a basement and foundation construction specialist, delivered yet another encouraging quarter for the second quarter ended 28 February 2025 (“Q2 FYE2025”), supported by disciplined project execution and stable margins. The Group posted a profit after tax (“PAT”) of RM1.12 million, which represents an impressive 103.6% growth as compared to corresponding quarter last year (“Q2 FYE2024”).
The Group recorded revenue of RM66.96 million, up 23.5% compared to RM54.22 million in Q2 FYE2024. This increase was driven by stronger contributions from ongoing projects and improved execution efficiency across both Malaysia and Indonesia operations. Gross profit rose to RM6.15 million from RM4.72 million in Q2 FYE2024, translating into a 30.4% YoY growth, despite a globally cautious construction environment.
For the first half of the financial year (“6M FYE2025”), Aneka Jaringan achieved a cumulative revenue of RM146.43 million, representing a robust 29.6% increase from RM113.00 million recorded in the same period last year. Profit after tax for the six-month period surged to RM3.45 million, a significant 78.5% improvement from RM1.94 million in 6M FYE2024. The results underscore the effectiveness of the Group’s recovery and repositioning strategy executed over the past financial year, now translating into sustained performance.
Managing Director of Aneka Jaringan, Pang Tse Fui commented, “We are pleased to have delivered another quarter of profitability, supported by solid revenue growth and improving margins. This reflects the resilience of our operations and the successful execution of our core projects both in Malaysia and Indonesia. With RM146.43 million in revenue achieved in just the first half of the financial year, we are well on track to deliver a better performance compared to the previous year. Backed by a healthy order book and disciplined cost management, we remain focused on executing our projects efficiently while continuing to pursue strategic contract wins to drive sustainable long-term growth.
The Group’s order book stood at RM198.97 million as of 28 February 2025, supported by RM99.03 million in new projects secured year-to-date, reflecting an encouraging pipeline that is expected to drive earnings visibility through FY2025 and beyond.
Looking ahead, Aneka Jaringan remains cautiously optimistic on the outlook for the construction industry. While external factors such as global supply chain disruptions and cost volatility may pose challenges, the Group is focused on operational discipline, technology-driven productivity, and strategic bidding for infrastructure and urban development projects. With a clear growth strategy and solid financial fundamentals, Aneka Jaringan is confident in maintaining its positive performance trajectory for the remainder of the financial year.
