Malaysian construction firm Crest Peak Holdings Bhd anticipates a 15% net profit growth for FY2026, driven by recently secured new infrastructure projects and a robust order book. The company's share price rose 2.5% on Monday, reflecting investor confidence in its future prospects and operational efficiency.
Crest Peak Holdings Bhd, a leading Malaysian construction and infrastructure company, announced on Monday that it anticipates a significant 15% growth in its net profit for the financial year 2026 (ending December 31, 2026). This optimistic forecast is primarily attributed to the company's recent success in securing several large-scale infrastructure projects, including a RM500 million highway expansion and a RM300 million residential development. The company's CEO stated that a robust order book and efficient project execution would be key drivers for the profit growth. Boosted by this news, Crest Peak Holdings' share price rose 2.5% to RM1.23 in Monday's trading, reflecting investor confidence in its future performance. Analysts believe that with the government's continued push for infrastructure development, the construction sector is poised for more opportunities, and Crest Peak Holdings is well-positioned to benefit.
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