Business

Bintai Kinden officially reports FYE2025 results and highlights completion Regularisation Plan

Bintai Kinden Corporation Berhad (BKCB) has announced its financial results for Q4 FY2025 and FYE2025, highlighting the successful completion of its Proposed Regularisation Plan.

In Q4 FYE2025, Bintai Kinden reported RM7.52 million in total revenue, down from RM7.63 million in Q4 FYE2024, mainly due to decreased contributions from the Mechanical and Electrical (M&E) segment following contract terminations. The Construction segment contributed RM2.50 million, while the Concession segment provided RM3.55 million.

The Group faced a loss before tax of RM31.55 million for Q4 2025, a decline from a profit of RM10.85 million the previous year. This loss resulted from elevated credit losses and significant non-recurring items, including provisions for contract terminations and share option expenses.

Despite these challenges, the Group is focused on risk mitigation, improved financial discipline, and restoring profitability through operational efficiency and cost management.

Datuk Tay Chor Han, Managing Director cum CEO of Bintai Kinden, stated, “FY2025 has been a year of strategic reset for the Group. While our financial performance reflects the challenging transition period, we are encouraged by the progress made in our diversification into the construction segment, and the continued stability of our concession business. Most importantly, the successful completion of our Proposed Regularisation Plan lays a solid foundation for recovery. With improved financial discipline, a leaner capital structure, and stronger shareholder support, we are well-positioned to pursue our growth agenda moving forward.”

The Company is pleased to confirm the completion of its Proposed Regularisation Plan. Following the successful listing of new Placement Shares on 24 March 2025 and confirmation from the CCM on 21 May 2025 regarding the Proposed Share Capital Reduction, Bintai Kinden’s regularisation efforts are completed. This is a key step towards uplifting from PN17 status, pending regulatory review.

Moving forward, the Group will focus on project execution, strategic tendering, and cost management. With a construction order book of around RM127.3 million, an M&E order book of RM4.5 million, and RM181.8 million in M&E tenders under evaluation, Bintai Kinden aims to enhance its position in Malaysia’s construction and engineering sectors.

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