Chin Hin crosses RM1b quarterly revenue backed by construction, property, home & living segments

CHIN Hin Group Bhd has churned out a stronger revenue performance in its 2Q FY2026 ended June 30, 2026 with revenue firming 10.3% year-on-year (yoy) to RM1.05 bill (2Q FY2025: RM954.53 mil) driven by stronger contributions from its Property Development and Construction Engineering divisions.

The integrated builder, developer and home solutions provider nevertheless saw its pre-tax profit and net profit shrinking to RM50.4 mil (2Q FY2025: RM59.97 mil) and RM7.68 mil (Q FY2025: RM21.26 mil) respectively.

Excluding the fair value movements, the group’s underlying pre-tax profit surged 37.8% year-on-year to RM70.2 mil for 2QFY2026, underscoring the continued strength and resilience of the group’s core operating business.

Operationally, the Construction division continued to deliver growth momentum. Division revenue rose 26.5% to RM223.3 mil in 2Q FY2026 from RM176.5 mil a year ago driven by higher progress billings on internal property developments and improved recognition on external contracts.

For the 1H FY2026 period, Construction revenue notched up 22.0% to RM427.9 mil with pre-tax profit spiking 33.1% to RM10.1 mil. The division maintains an outstanding order book of approximately RM1.99 bil.

Meanwhile, the Property Development division continued to deliver high-quality, profitable growth. Revenue for 2Q FY2026 chalked up 38.0% to RM254.1 mil while its pre-tax profit edged up 31.0% to RM27.2 mil.

For 1H FY2026, Property Development revenue jumped 31.2% to RM487.2 mil with pre-tax profit climbed 21.2% to RM57.0 mil. The division’s RM2.2 bil in unbilled sales provides multi-year revenue visibility as on-going developments progress through their billing stages.

Well-positioned to capture opportunities

Chin Hin continues to expand its development footprint, particularly within Kuala Lumpur and the Klang Valley, with approximately RM736 mil of contracted land and property transactions supporting its future development pipeline.

“Our performance in 2Q FY2026 reflects the strength of our Ecosystem of Excellence operational model,” commented Chin Hin’s executive chairman Datuk Wira Chiau Haw Choon.

Chin Hin Group Bhd executive chairman Datuk Wira Chiau Haw Choon

“In synergy, we’re seeing stronger execution across our development and construction platforms, supported by growing contributions from our building materials and expanding ready-mixed concrete operations.”

More importantly, the group’s fundamentals remain strong. Excluding non-operational fair-value movements, its core businesses continued to deliver healthy profit growth while its RM5.4 bil combined order book, unbilled sales and order backlogs provide clear visibility for the years ahead.

“Moving forward, our focus remains on disciplined execution, margin preservation and converting this pipeline into sustainable shareholder value,” added Chiau.

On the balance sheet, Chin Hin’s cash, bank balances and fixed deposits stood at RM639.3 mil.

The group’s net cash generated from operating activities remained positive at RM68.7 mil for 1H FY2026, thus providing the group with the liquidity to deploy capital toward strategic acquisitions, property development, and capacity expansion.

Looking ahead, Chin Hin remains well-positioned to capitalise on growing opportunities arising from domestic infrastructure development, industrial expansion, semiconductor investments and the rapid proliferation of data centres across Malaysia.

Supported by strong forward visibility across its construction order book, property unbilled sales and home & living order backlog, the group remains focused on delivering sustainable growth through disciplined capital allocation, operational excellence and timely project execution.

At 2.40pm, Chin Hin Group was down 2 sen or 0.96% to RM2.07 with 2,300 shares traded, thus valuing the company at RM7.33 bil. – Aug 28, 2026

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