IJM Posts Weaker Net Profit Of RM403.38 Mln In FY2025

KUALA LUMPUR, May 29 (Bernama) -- IJM Corporation Bhd posted a lower net profit of RM403.38 million for the financial year ended March 31, 2025 (FY2025), down from RM600.28 million in the previous year.

In a filing with Bursa Malaysia today, the construction and infrastructure group attributed the decline to unrealised foreign exchange losses of RM42.1 million and a lower contribution from its infrastructure segment.

However, the group’s revenue increased to RM6.25 billion from RM5.92 billion in FY2024, driven by stronger construction activity and steady demand in its industry division.

In a media statement, IJM said the revenue increase was mainly supported by a pick-up in construction progress and resilient performance in its industrial products segment.

“The group’s improving outlook is further supported by resilient property sales in FY2025, sustained unbilled sales, and steadfast efforts to grow its business, backed by strategic locations of its developments and the strength of its established brand,” it said.

IJM group chief executive officer and managing director Datuk Lee Chun Fai said while global economic uncertainty weighed on results, the group’s core operations remained stable, supported by a strong construction pipeline and steady demand in its industry and United Kingdom (UK) markets.

“The group’s RM7.6 billion outstanding order book will be complemented by a further RM3.5 billion from our 50 per cent acquisition of JRL Group post the financial year-end, strengthening our construction capabilities and expanding our presence in the UK,” he said.

Looking ahead, he said IJM is well-positioned to benefit from national growth priorities such as infrastructure investment, the development of special economic zones in Johor, and the growing demand for digital infrastructure.

Meanwhile, it declared a total dividend of 8 sen per share for FY2025, consisting of a second interim dividend of 7 sen and a special dividend of 1 sen.

The company said the dividend reflects its commitment to delivering shareholder returns despite a challenging economic environment and one-off impacts on earnings.

The ex-date for the dividends is June 26, with the entitlement date falling on June 30 and payment scheduled for July 18.

-- BERNAMA