AWC Berhad, a leading engineering services group, has announced its financial results for the second quarter and first half of the financial year ending 31 December 2025. The group reported a revenue of RM203.2m for the first half of FY26, a slight decrease from RM211.2m in the previous year, primarily due to reduced contributions from its Environment Division amidst a slowdown in the Middle East market.
The Group’s net profit for the period was RM8.2m, down from RM12.5m in 1HFY25. This decline was attributed to lower order fulfilment and delivery in the Rail Division. However, the Engineering Division showed a promising performance with a 29.9% year-on-year increase in revenue, reaching RM54.5m, driven by progress in the heating, ventilation, and air conditioning (HVAC) segment.
AWC’s CEO, Ahmad Kabeer bin Mohamed Nagoor, noted, “Our earnings trajectory continues to align with the pace of recently secured contract awards. This is primarily attributable to the extended slowdown in the Middle East market affecting our Environment Division, whilst revenue recognition from newly secured projects has only begun in 2026.”
Despite the challenges, AWC remains optimistic about its future prospects, supported by a robust order book of RM910m as of the end of December 2025. The company has proposed an interim dividend of 0.5 sen per share for the current quarter. Looking ahead, AWC anticipates that contributions from newly commenced projects will gain momentum, positioning the group favourably for FY27.
