Sunway Bhd's net profit for the first quarter of fiscal year 2026, ending March 31, rose to RM9.4 billion. This surge was driven primarily by a RM9.1 billion fair value gain following the listing and reclassification of Sunway Healthcare Holdings as a subsidiary [1, 2, 3].
Excluding this one-off gain, Sunway's profit before tax increased 52% year-on-year to RM462.4 million from RM304.1 million in 1QFY2025, reflecting stronger core business performance [1]. Revenue for the quarter rose 8% to RM2.56 billion from RM2.37 billion a year earlier [1, 2, 3].
Following the results announcement on May 26, Sunway shares rose about 1.9% to RM5.34 on May 28, briefly hitting RM5.44 during trading. The company’s market capitalization stood at RM36.4 billion [2, 3]. Despite the strong earnings, analysts remain cautious on the stock. A CIMB Investment Bank analyst warned, "Our earnings downgrades reflect rising diesel and input costs, which could become more evident from 2H2026 onwards" [2]. Several brokers issued 'hold' ratings with trimmed target prices [2, 3].
Sunway Construction secured RM3.6 billion in new contracts during 1QFY2026, representing about 60% of its RM6 billion target for the full year. The outstanding order book stood at RM8.2 billion, with 64% of the projects linked to data center developments [2, 3].
The company’s net debt-to-equity ratio improved to 0.32 times in 1QFY2026 from 0.48 times in the previous quarter, reflecting the balance sheet impact of the Sunway Healthcare listing [3]. Sunway did not declare a dividend for 1QFY2026 [1, 4, 5, 6].
Other corporate results announced included IOI Properties Group reporting a 2.4 times increase in 3QFY2026 net profit to RM258.11 million, driven by Singapore asset consolidation, land sales and operational improvements. Its 9MFY2026 revenue rose about 40% to RM3.06 billion, with underlying profit before tax excluding exceptional gains up 88% to RM878.6 million [5, 7, 8]. CEO Dato' Lee Yaw Seng said, "The company's strong 9-month performance in FY2026 demonstrates the effectiveness of our diversified income mix, seizing industrial demand, market-oriented products, and productivity enhancements across businesses" [8].
Meanwhile, YTL Corporation’s 3QFY2026 net profit fell 24.6% to RM326 million despite revenue growth due to weaker earnings from power, telecoms, and management segments [4]. Supermax Corp’s 3Q loss widened to RM41.14 million amid lower glove prices and forex losses, although it anticipates sales growth from its US plant starting in the second half of 2026 and easing Brazil duties [6].
QL Resources saw a 6.5% share price rise on May 29 after reporting a 4QFY2026 core net profit of RM439 million, meeting analyst estimates. It projects 5.8% core net profit growth in 2027 supported by palm oil, clean energy, and marine products [9, 10].
IJM Corporation reported a drastic FY2026 net profit drop to RM3.24 million from RM403.37 million in FY2025 due to forex losses, impairments, and weaker property and port segments despite 10% revenue growth. IJM declared a 6 sen total dividend per share payable July 24 to shareholders on record June 30 [11]. The company expects stronger construction performance in FY2027 with a RM14.7 billion order book and ongoing data center and industrial projects [11].
Malaysia's PTPTN is promoting its high-yield Simpan SSPN savings scheme offering a 4.1% dividend to encourage early education savings [s1-s8].