Industrialised building systems specialist, Sarawak Consolidated Industries Berhad (“SCIB” or the “Company”) today announced its financial results for the third quarter ended 31 March 2025 (“Q3FY2025”), sustaining a profitable trajectory with revenue of RM38.69 million and profit before tax (“PBT”) of RM0.45 million for the quarter. For the nine months ended 31 March 2025 (“9MFY2025”), the Group registered RM133.67 million in cumulative revenue and RM2.97 million in PBT, reflecting operational resilience and consistent delivery in the face of evolving market conditions.
SCIB’s Manufacturing division, the Group’s primary revenue contributor, achieved RM24.92 million in revenue and RM1.62 million in segmental PBT during the quarter, reflecting a resilient performance amidst moderated demand, supported by steady interest in Industrialised Building System (“IBS”) and precast concrete solutions. The Construction/EPCC segment contributed RM13.77 million in revenue and recorded an improvement with PBT of RM0.48 million, compared to a loss in the corresponding quarter last year. This positive swing was driven by better project execution, cost optimisation, and selective bidding for quality projects aligned with the Group’s strategic focus.
On a quarter-on-quarter basis, SCIB posted RM38.69 million in revenue for Q3FY2025 compared to RM49.83 million in Q2FY2025, representing a decrease of 22.36%. PBT moderated from RM2.38 million in the preceding quarter to RM0.45 million. This was primarily due to slower construction progress and completion of several school projects, as well as softer demand for IBS and foundation pile products during the period.
For 9MFY2025, SCIB recorded an encouraging growth in revenue from RM121.79 million to RM133.67 million, reflecting continued demand for its core manufacturing and EPCC offerings. PBT stood at RM2.97 million, compared to RM5.27 million in the corresponding period last year. The current year’s performance underscores the Group’s ability to remain profitable amidst a more moderated operating environment, supported by disciplined cost management, efficient project execution, and selective bidding strategies that prioritise long-term stability over volume.
In a separate development, SCIB recently announced that its wholly-owned subsidiary, SCIB Building Solutions Sdn. Bhd. (“SCIBBS”) has entered into a Sale and Purchase Agreement (“SPA”) to dispose of a freehold industrial land located in Nilai, Negeri Sembilan for a total consideration of RM8.18 million. The disposal is aligned with the Group’s strategy to enhance liquidity and support working capital requirements, thereby reinforcing SCIB’s focus on strengthening its financial position and core operations.
Mr. Ku Chong Hong, Managing Director of SCIB, commented, “Our Q3FY2025 results reinforce our strategic focus on maintaining profitability and operational discipline. The consistency in our performance this financial year-to-date reflects the strength of our fundamentals and the continued execution of our long-term growth initiatives. We remain financially sound, with a clear path forward supported by our expansion plans including the development of our new facility in Demak Laut and the acquisition of strategic landbanks in Bintulu. In line with this direction, we have also recently entered into a Sale and Purchase Agreement to dispose of our Nilai land, as part of our ongoing efforts to optimise asset allocation.”
He added, “We remain optimistic about the prospects in Sarawak and across East Malaysia, particularly with the RM100 billion infrastructure development drive. Projects such as the Sabah-Sarawak Link Road Phase 2, the North Coastal Highway, and the proposed international airport and deep-sea port offer substantial opportunities for industry players like SCIB. We are confident in our ability to support these nation-building efforts through our integrated engineering and manufacturing capabilities.”
Looking ahead, SCIB remains committed to building a sustainable growth platform anchored on financial discipline, strategic expansion, and robust governance. The Group will continue pursuing high-impact projects while managing risk exposure to ensure consistent value delivery for stakeholders.
