Industrialised building systems specialist, Sarawak Consolidated Industries Berhad (“SCIB” or the “Company”) today announced its unaudited consolidated results for the sixth quarter ended 31 December 2025 (“Q6 FPE2025”), marking the close of its extended 18-month financial period following the change of financial year end.
For Q6 FPE2025, the Group recorded revenue of RM54.00 million and was contributed mainly by the Construction and EPCC and Manufacturing segment. During the quarter, the Group recognised impairment losses on trade and other receivables within the Construction and Engineering, Procurement, Construction and Commissioning (“EPCC”) and Manufacturing division as part of a prudent review and balance sheet strengthening exercise.
The Manufacturing segment, which has been classified as a discontinued operation following the conditional disposal agreement entered into with YTL Cement (Sarawak) Sdn. Bhd., delivered RM36.02 million in revenue and profit before tax of RM1.14 million during the current quarter. Cumulatively, over the 18-month financial period from 1 July 2024 to 31 December 2025, the segment contributed RM182.06 million in revenue and RM14.56 million in profit before tax.
Meanwhile, the Construction and EPCC segment recorded RM17.87 million in revenue for Q6 FPE2025. The segment’s performance for the quarter was impacted by impairment provisions recognised on receivables, undertaken to enhance financial transparency and align the Group with its refined strategic direction. For the 18-month period, the Construction and EPCC segment generated RM93.34 million in revenue.
For the extended 18-month financial period, the Group posted cumulative revenue of RM276.19 million.
During the financial period, SCIB entered into a conditional share sale and purchase agreement for the proposed disposal of its entire equity interest in SCIB Concrete Manufacturing Sdn. Bhd. (“SCM”) for an indicative cash consideration of RM113.00 million, subject to adjustments. In conjunction with the Proposed Disposal, the Group has classified the Manufacturing business as a disposal group held for sale. Assets held for sale amounted to RM192.82 million as at 31 December 2025.
To recap, the Company has also obtained shareholders’ approval at the Extraordinary General Meeting held on 15 January 2026 for its proposed renounceable rights issue and share capital reduction exercise. These initiatives are intended to optimise the Group’s capital structure, enhance liquidity and align funding requirements with its revised Construction and EPCC-focused operating model.
Datuk Chong Loong Men, Executive Chairman of SCIB, commented, “Q6 FPE2025 marks a transitional milestone for SCIB as we take decisive steps to streamline our business model and reinforce our financial foundation. The impairment provisions recognised reflect a prudent reset as we reposition the Group towards a more focused Construction and EPCC strategy. With the proposed disposal and approved capital initiatives, we are strengthening our balance sheet to better capture infrastructure opportunities across Sarawak and Malaysia.”
Malaysia’s macroeconomic outlook remains supportive, with GDP growth projected between 4.0% and 4.5% in 2026, underpinned by sustained development allocations under Budget 2026 and continued infrastructure investment in Sabah and Sarawak. Major infrastructure initiatives including the Pan Borneo Highway, Sarawak–Sabah Link Road and the MADANI Submarine Cable System (“SALAM”) are expected to sustain demand for civil engineering and infrastructure works, particularly in East Malaysia.
With its ongoing corporate restructuring, strengthened capital position and sharpened strategic focus on Construction and EPCC activities, SCIB is positioning itself to pursue upcoming public and private sector opportunities with greater discipline and operational focus.
