For Investors Financial Information

2nd Quarter
1st Quarter

2nd Quarter Results For The Financial Period Ended 31 January 2024

Revenue (RM'000) 3,366,181
*Includes share of joint ventures' revenue

Profit/(loss) before tax (RM'000) 239,624

Net Profit (RM'000) 208,802

Gamuda's first half revenue doubles to RM6.2B, earnings rose 19% to RM404M

Overseas projects quadruple, offset domestic revenue decline

Half Year To Date (August 2023 - January 2024)

  • The Group reported nearly doubled revenue of RM6.2 billion compared to last year's RM3.7 billion, while its net profit saw an increase of 19% to RM404 million. The stronger performance is anchored by overseas revenue and net profit surges due to the pick up in progress of overseas projects especially in Australia.
  • The Group's overseas engineering arm revenue quadrupled to RM4 billion from last year's RM1 billion, while the net profit quadrupled to RM138 million compared to RM33 million last year.
  • Property division's overall revenue and net profit grew 29% and 46%, respectively, bolstered by stronger overseas and domestic projects.

Current 2nd Quarter (November 2023 - January 2024)

  • The Group's quarterly revenue rose 53% to RM3.4 billion compared with RM2.2 billion last year. Meanwhile, quarterly net profit rose 7% to RM209 million.
  • On the overseas front, the Group's engineering arm's quarterly revenue tripled to RM2.1 billion (from last quarter RM662 million), while net profit more than doubled to RM72 million (from last quarter RM34 million), with Australia projects progressing well.

Comparison To Immediate Preceding Quarter

  • It's an increase of 7% as the Group Q2FY24 earnings saw RM209 million, compared to the immediate preceding quarter (Q1FY24) earnings of RM195 million.

Other key highlights

  • The Group's resilience is underpinned by its large construction orderbook of RM24 billion and unbilled property sales of RM6.7 billion.
  • The Group has a healthy balance sheet with a comfortable net gearing of 29%, well below its self-imposed gearing limit of 70%.

1st Quarter Results For The Financial Period Ended 31 October 2023

Revenue (RM'000) 2,846,005
*Includes share of joint ventures' revenue

Profit/(loss) before tax (RM'000) 239,730

Net Profit (RM'000) 195,042

Resilience and growth: Gamuda's Q1FY24 reflects a thriving overseas portfolio

Gamuda announced impressive results for Q1FY24, with its core earnings rising 35% to RM195 million in the current quarter as revenue doubled on the back of higher construction from overseas projects.

In the absence of highway earnings, both of the Group's core construction and property segments demonstrate an upswing, indicating a resilient performance in contrast to the RM145 million earnings recorded in Q1FY23.

This substantial growth is attributed to a doubled revenue stream, primarily fuelled by the heightened contributions from its overseas projects.

Meanwhile, the Group's total revenue scaled new heights to RM2.8 billion from RM1.4 billion in the previous year, as overseas revenue takes centre stage, tripling to RM2.1 billion.

Looking ahead, Gamuda said it anticipates this year's performance to be driven by the continuous momentum of overseas construction activities in Australia and Taiwan, coupled with the full-year impact of the recently acquired Australian transport projects business of Downer Transports Projects (acquisition finalised on 20 June 2023).

Additionally, buoyant property sales, including contributions from newly launched quick-turnaround projects (QTP) in the property division, are poised to be key growth drivers.

The resilience of the Group is underpinned by a robust construction order book tallying RM26 billion and unbilled property sales amounting to RM6.7 billion.

On top of that, the Group maintains a healthy balance sheet with a comfortable net gearing of 25%, well below its self-imposed gearing limit of 70%.

Gamuda remains optimistic about its trajectory, leveraging its track record and strategic initiatives to navigate the dynamic landscape of construction and property development.

4th Quarter Report For The Financial Period Ended 31 July 2022

Financial Statement

Investor Briefings

3rd Quarter Report For The Financial Period Ended 30 April 2022

Financial Statement

Investor Briefings

2nd Quarter Results For The Financial Period Ended 31 January 2022

Financial Statement

Investor Briefings

1st Quarter Report For The Financial Period Ended 31 October 2021

Financial Statement

Investor Briefings

ALR Offers to Acquire 4 Toll Concessions

Investor Briefings


For more information, please refer to ALR's website, click here

Financial Highlights


Integrated/Annual Report

Integrated Report 2023

Financial Calendar

30 Jan 2024
First Interim Dividend MYR 0.06
Record Date: 31 Jan 2024
Payable Date: 28 Feb 2024
03 Aug 2023
Second Interim Dividend of MYR 0.06
Record Date: 04 Aug 2023
Payable Date: 01 Sep 2023
31 Jan 2023
First Interim Dividend of MYR 0.06
Record Date: 02 Feb 2023
Payable Date: 02 Mar 2023
13 Dec 2022
Special Dividend of MYR 0.38
Record Date: 14 Dec 2022
Payable Date: 23 Dec 2022
04 Aug 2022
Second Interim Dividend of 0.06 for the financial year ending 31 Jul 2022
Record Date: 05 Aug 2022
Payable Date: 02 Sep 2022
09 Feb 2022
First Interim Dividend of 0.06 for the financial year ending 31 Jul 2022
Record Date: 10 Feb 2022
Payable Date: 08 Mar 2022
24 Jan 2020
First Interim Dividend of 6 sen for the financial year ending 31 Jul 2020
Record Date: 28 Jan 2020
Payable Date: 25 Feb 2020
18 Jul 2019
Second Interim Dividend of 6 sen for the financial year ending 31 July 2019
Record Date: 19 Jul 2019
Payable Date: 06 Aug 2019
03 Jan 2019
First Interim Dividend of 6 sen for the financial year ending 25 Jan 2019
Record Date: 07 Jan 2019
Payable Date: 25 Jan 2019
12 Jul 2018
Second Interim Dividend of 6 sen for the financial year end 31 July 2018
Record Date: 16 Jul 2018
Payable Date: 31 Jul 2018
AGM
07 Dec 2023
10:00 am via online meeting platform at https://tiih.online
AGM
08 Dec 2022
10:00 a.m. via online meeting platform at https://tiih.online
EGM
27 Jul 2022
10:00 am via online meeting platform at https://tiih.online
EGM
08 Dec 2021
11:00 a.m. via online meeting platform at https://tiih.online
AGM
08 Dec 2021
10:00 a.m. via online meeting platform at https://tiih.online
AGM
08 Dec 2020
10:00 a.m. broadcasting from Auditorium, Level 2, Menara Gamuda, Block D, PJ Trade Centre, No.8, Jalan PJU 8/8A, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor.
EGM
05 Dec 2019
11:00 a.m. at Permai Room, Kota Permai Golf & Country Club, No. 1, Jalan 31/100A, Kota Kemuning, Section 31, 40460 Shah Alam, Selangor.
AGM
05 Dec 2019
10:00 a.m. at Permai Room, Kota Permai Golf & Country Club, No. 1, Jalan 31/100A, Kota Kemuning, Section 31, 40460 Shah Alam, Selangor.
AGM
06 Dec 2018
10:00 a.m. at Permai Room, Kota Permai Golf & Country Clubno. 1, Jalan 31/100A Kota Kemuning, Section 3140460 Shah Alam, Selangor Darul Ehsan
AGM
07 Dec 2017
10:00 a.m. at Permai Roomkota Permai Golf & Country Club, No. 1, Jalan 31/100A Kota Kemuning, Section 3140460 Shah Alam, Selangor Darul Ehsan