BINTAI Kinden Corp Bhd, a mechanical and electrical (M&E) engineering services specialist, has delivered a significantly stronger performance for its 3Q FY3/2026 ended Dec 31, 2025, marking the group’s second consecutive profitable quarter following completion of its Regularisation Plan on 21 May 2025.
The group which is also a medical device manufacturer reported saw its net profit more than doubled year-on-year (yoy) to RM2.88 mil (FY3/2025: RM758,000) during the quarter under review, a reflection of continued operational recovery driven by higher project billings and more disciplined cost management.
Its revenue meanwhile jumped 126% yoy to RM17.07 mil (FY3/2025: RM7.54 mil) with the M&E division supported by the group’s construction sub-segment remained the key revenue contributor with RM13.52 mil while the concession segment continued to deliver predictable and recurring revenue of RM3.54 mil.
For the nine-month FY3/2026 period, Bintai Kinden has returned to the black with net earnings of RM3.47 mil from a net loss of -RM828,000 while its revenue soared 127% to RM40.42 mil (9M FY3/2025: RM17.77 mil).
Bullish outlook
Very broadly, the construction sub-segment continues to support the group’s earnings, underpinned by active project execution and strengthening operational fundamentals as it continues to execute projects more efficiently while maintaining financial discipline.
During its recent third quarter, Bintai KInden \was awarded a new construction project with contract value of RM25.20 mil with one on-going project reaching an advanced stage of construction while another was completed towards the end of the quarter.
Meanwhile, the concession segment continued to provide predictable and recurring income of RM1.69 mil, thus reinforcing the group’s earnings stability.
“Achieving two consecutive profitable quarter is a clear affirmation that our turnaround strategy is gaining traction,” commented Bintai Kinden’s managing director/CEO Datuk Tay Chor Han.
‘We are seeing stronger execution across our construction and M&E operations while our concession business continues to provide earnings stability. With an improving orderbook, we’re now focused on building consistency in earnings and strengthening our long-term financial position.”
As of end-December 2025, the group has maintained a healthy project pipeline with an orderbook under the M&E and Construction segment of approximately RM4.20 mil and RM140.35 mil respectively.
As it is, the group is actively participating in new tenders across both segments with RM577.81 mil worth of bids currently under evaluation and pending decisions from awarding parties.
This builds on the operational momentum established in the previous quarter where stronger project execution and improved billing progress had already translated into a return to profitability, signalling a strategic move back towards its core M&E engineering strengths.
Following the completion of its Regularisation Plan and the achievement of two consecutive profitable quarters, Bintai Kinden is preparing to submit its application to Bursa Malaysia for upliftment of its PN17 status in line with regulatory requirements.
Looking ahead, the group remains cautiously optimistic, supported by a growing contribution from its construction sub-segment, stable recurring income from concession assets and an active tender pipeline in its M&E segment, including participation in Tenaga Nasional Bhd’s (TNB) tender exercises as the group strengthens its return to core M&E engineering.
At 12.07pm, Bintai Kinden was down 0.5 sen or 4.35% to 11 sen with15.57 million shares traded, thus valuing the company at RM162 mil. – Feb 13, 2026
