Southern Score Builders posts 27.9% rise in full-year net profit

• Revenue up 29.5% boosted by contribution from SJEE Engineering.

KUALA LUMPUR (Aug 25): Southern Score Builders, construction management specialist for high-rise residential buildings and civil infrastructure, reported a net profit of RM11.65 million for the fourth quarter ended June 30.

In a bourse filing on Friday, revenue for the quarter increased 27.45% to RM81.04 million from RM63.58 million in the corresponding quarter of the previous year, mainly driven by SJEE Engineering Sdn Bhd (SJEE), which contributed RM23.60 million from mechanical and electrical services and RM0.33 million from the supply of consumables.

For the full year, the group’s net profit rose 27.9% to RM40.22 million from RM31.45 million. Revenue climbed 29.50% to RM221.07 million from RM179.72 million.

In a statement, the group’s executive director and chief executive officer Gan Yee Hin (pictured) said the company was pleased to have delivered its best-ever net profit despite a challenging environment. 

He attributed this performance primarily to the group’s M&E division, underscoring the benefits of its strategic investments, and added that the construction sector outlook remains positive, with the industry recording steady growth of 12.9% and the value of work done reaching RM43.9 billion in the second quarter of 2025, according to the Department of Statistics Malaysia (DOSM).

Gan further reiterated that the group’s M&E division continues to benefit from favourable prospects, supported by the expansion of data centres, opportunities in the healthcare sector, and robust foreign direct investments into Malaysia, particularly in pharmaceuticals and high-value manufacturing. He also announced that the M&E segment recently secured a RM19.3 million contract from Sunway Construction Sdn Bhd. Excluding this contract, SJEE’s outstanding order book stands at approximately RM99.0 million. 

Looking ahead, the group stated that it is actively pursuing the transfer of its listing to the Main Market of Bursa Malaysia, which is expected to boost investor confidence, enhance the group’s value through improved brand recognition, and provide greater access to capital markets for future expansion. 

The group also noted that prospects remain encouraging, supported by the positive outlook for the construction sector under the 13th Malaysia Plan and the growing opportunities in the data centre, healthcare, and pharmaceutical industries.

Want to have a vision of how Penang’s property segment will look like? Download a copy of EdgeProp’s PENANG Investing Towards 2030.