Strengthening Future Growth Pipeline
SELANGOR, 13 February 2026 – MGB Berhad (“MGB” or the “Group”), a construction and property development solutions provider and subsidiary of LBS Bina Group Berhad, today announced its unaudited financial results for the fourth quarter (“Q4FYE2025”) and full year ended 31 December 2025 (“FYE2025”).
For the quarter under review, MGB recorded revenue of RM245.6 million, representing an 8.1% increase from the preceding quarter’s RM227.2 million. The growth was primarily attributable to the 13.3% rise in the construction segment’s revenue, driven by continued progress from on-going projects, comprising Skyria, CI Medini and Centrum Iris. In tandem with the higher revenue, profit after tax (“PAT”) grew 14.2% to RM14.0 million from RM12.3 million in Q3FYE2025.
For FYE2025, the Group posted revenue of RM916.9 million, bringing the PAT to RM50.3 million. The year 2025 marked a transitionary phase for MGB, with construction works of its Prestige and Kita Sejati projects nearing completion, alongside the delivery of vacant possession for Idaman Melur and increased development progress for Saujana Indah Phase 1 and Phase 2. At the same time, new projects were progressively secured. During the year, the Group made strong progress in replenishing its order book, securing over RM1.0 billion in new contracts, including contracts awarded in the Kingdom of Saudi Arabia which amounted to approximately RM532.6 million. Additionally, upcoming property development launches were set in motion to support the next phase of growth, providing greater revenue visibility.
As at 31 December 2025, MGB maintained a healthy financial position with cash and bank balances of RM94.5 million and net assets per share rising to RM1.06 from RM1.02 a year ago. With a net gearing ratio of 0.07 times, the Group has capacity to take on additional funding for future growth.
Commenting on the results, Tan Sri Dato’ Sri Ir. (Dr.) Lim Hock San, Group Executive Chairman of MGB, said, “The financial year 2025 was a consolidated year for MGB. With several major projects reaching completion, the Group continues to strengthen its operations, securing new contracts and building capabilities for the next phase of growth. Breaking new ground, we not only secured new external projects, but our progression in Saudi Arabia, transitioning from supply-and-installation works to taking on as a main contractor role, marks a significant milestone for the Group. As of to-date, the Group has a solid construction order book of RM1.15 billion, which will continue to anchor a sustainable revenue growth and supports continued operational momentum.”
He further added, “MGB continues to distinguish itself through the consistent execution of quality, efficiency, and continuous improvement across all its developments. The Group has maintained strong QLASSIC scores, reflecting its commitment to high workmanship standards and compliance with industry benchmarks. Notably, the Kita Sejati project achieved an impressive QLASSIC score of 79% in October last year.”
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