Australian expansion drives Gamuda’s orderbook to record RM44 billion

The Group capped this quarter with a significant expansion of its Australian footprint, pushing its outstanding construction orderbook to a record high of RM44 billion.

Driven by its largest Australian win to date, the AUD2.7 billion Sydney Metro West – Stations Package West, the Group ended the quarter securing a combined RM9.5 billion in new infrastructure and energy projects.

Meanwhile, the Group posted a 5% rise in its quarterly net profit to RM230 million, alongside a 9% rise in revenue to RM4.4 billion. This performance was primarily driven by robust contributions from ongoing domestic construction projects and the successful execution of quick-turnaround projects (QTPs) in Vietnam, exceeding sales targets.

For the first half of the year, the Group's net profit rose 5% to RM445 million, and revenue grew 1% to RM8.3 billion.

Half-yearly property sales decreased 9% to RM1.6 billion as Celadon City in Vietnam was completed last year and having fast sold out its available products, therefore the Group is proactively expanding its strategic landbank to boost its QTP portfolio with four new acquisitions. Property sales are expected to pick up strongly as new phases are brought to market.

Looking ahead, the Group's resilience is underpinned by its all-time high RM44 billion orderbook and an unbilled property sales record of RM8 billion.

The Group capped this quarter with a significant expansion of its Australian footprint, pushing its outstanding construction orderbook to a record high of RM44 billion.

Driven by its largest Australian win to date, the AUD2.7 billion Sydney Metro West – Stations Package West, the Group ended the quarter securing a combined RM9.5 billion in new infrastructure and energy projects.

Meanwhile, the Group posted a 5% rise in its quarterly net profit to RM230 million, alongside a 9% rise in revenue to RM4.4 billion. This performance was primarily driven by robust contributions from ongoing domestic construction projects and the successful execution of quick-turnaround projects (QTPs) in Vietnam, exceeding sales targets.

For the first half of the year, the Group's net profit rose 5% to RM445 million, and revenue grew 1% to RM8.3 billion.

Half-yearly property sales decreased 9% to RM1.6 billion as Celadon City in Vietnam was completed last year and having fast sold out its available products, therefore the Group is proactively expanding its strategic landbank to boost its QTP portfolio with four new acquisitions. Property sales are expected to pick up strongly as new phases are brought to market.

Looking ahead, the Group's resilience is underpinned by its all-time high RM44 billion orderbook and an unbilled property sales record of RM8 billion.

The Group capped this quarter with a significant expansion of its Australian footprint, pushing its outstanding construction orderbook to a record high of RM44 billion.

Driven by its largest Australian win to date, the AUD2.7 billion Sydney Metro West – Stations Package West, the Group ended the quarter securing a combined RM9.5 billion in new infrastructure and energy projects.

Meanwhile, the Group posted a 5% rise in its quarterly net profit to RM230 million, alongside a 9% rise in revenue to RM4.4 billion. This performance was primarily driven by robust contributions from ongoing domestic construction projects and the successful execution of quick-turnaround projects (QTPs) in Vietnam, exceeding sales targets.

For the first half of the year, the Group's net profit rose 5% to RM445 million, and revenue grew 1% to RM8.3 billion.

Half-yearly property sales decreased 9% to RM1.6 billion as Celadon City in Vietnam was completed last year and having fast sold out its available products, therefore the Group is proactively expanding its strategic landbank to boost its QTP portfolio with four new acquisitions. Property sales are expected to pick up strongly as new phases are brought to market.

Looking ahead, the Group's resilience is underpinned by its all-time high RM44 billion orderbook and an unbilled property sales record of RM8 billion.

Gamuda Berhad (Gamuda) has marked a significant milestone in its international portfolio, securing its tenth infrastructure project in Taiwan. The Group was awarded the Kaohsiung Metropolitan Mass Rapid Transit (MRT) Xiaogang–Linyuan Line Civil Works and Electromechanical Facilities Project, valued at RM3.30 billion (NTD 26.39 billion). The project was awarded by the Taiwan Kaohsiung City Government Mass Rapid Transit Bureau, a MRT division established under the Taiwan Kaohsiung City Government. This latest win further solidifies Gamuda’s prominent role in Kaohsiung’s rail transformation, building on the Group’s ongoing delivery of the Kaohsiung MRT Yellow Line Package YC01 and its foundational success with the city’s MRT Orange Line Package C04. The new project was awarded to an unincorporated joint venture between Gamuda (70% stake) and Taiwanese-based Shang Ting (30% stake). With its majority stake, Gamuda’s share of the contract value is RM2.31 billion (NTD 18.47 billion). The project has a duration of seven years and four months. As the main contractor, the joint venture's scope of works includes:

• Three underground stations (RL4, RL5, RL6);
• One elevated station (RL7);
• 3.88 km of underground twin-bound railway track; and
• Six units of cross passages.

Coming less than a year after the Group secured its ninth contract, the Kaohsiung Port Intercontinental LNG Terminal - Wharf and Connecting Roads (Bridges), this milestone highlights a period of rapid momentum and a deepening footprint within the Taiwanese market. Since entering the Taiwanese market in 2002, Gamuda has evolved into a trusted partner for the nation’s infrastructure development. This tenth win reinforces the Group’s expertise in managing complex, multi-disciplinary infrastructure, ranging from railway systems to large-scale marine works. The Group’s portfolio in Taiwan also includes projects such as the Xizhi Donghu MRT and the Taoyuan City Underground Railway. Beyond rail, Gamuda has Guantang Marine Bridge, Seawall-Taipei Port and the 345kV Gangfeng-Zhongke, Zhongke-Hengshan Underground Transmission Line (Third Section). Gamuda’s partner in this joint venture for Xiaogang–Linyuan Line, Shang Ting, is a reputable Taiwanese private limited company with a paid-up capital of NTD 3 billion (approximately RM380 million). Specialising in general construction and public infrastructure, Shang Ting brings a wealth of local execution experience, having completed significant projects such as the Kaohsiung Port Seventh Container Centre and various major government civic buildings across Kaohsiung and Pingtung. RL6 (underground station) is one of four stations within Gamuda and Shang Ting’s scope of works. The entire Xiaogang Linyuan Line consists of seven stations. The new RL7 elevated station, bridging Kaohsiung’s industrial and residential zones.