SUNWAY CONSTRUCTION GROUP BERHAD — Earnings Release 2026

May 17, 2026

SUNWAY CONSTRUCTION

MEDIA RELEASE

18 MAY 2026

SUNWAY CONSTRUCTION DELIVERS STRONG EARNINGS MOMENTUM IN Q1 FY2026 WITH NET PROFIT RISING 56% TO RM118 MILLION IN Q1 2026

• Net profit attributable to owners of the parent surged 56% to RM118.4 million
• Profit before tax increased 37% to RM154.7 million
• Declared a total dividend of 22.8 sen comprising a single-tier first interim dividend of 7.6 sen and a special dividend of 15.2 sen
• Secured RM3.59 billion in order book replenishment for the first quarter of 2026, surpassing the 50% marks of its RM6.0 billion order book replenishment target for the year.

Sunway City Kuala Lumpur, 18 May 2026 – Malaysia’s leading vertically integrated construction company, Sunway Construction Group Berhad (“Sunway Construction or Group”) is pleased to announce its financial results for the first quarter of financial year ending 31 December 2026 (Q1 FY2026).

Sunway Construction started FY2026 on a strong footing, extending the positive earnings momentum following its robust performance in the preceding financial year. The Group recorded net profit (PATMI) of RM118.4 million on revenue of RM1.0 billion, marking a strong year-on-year growth of 56%, underpinned by higher contributions from all operating segments.

The Construction segment registered revenue of RM950.6 million in Q1 FY2026, compared to RM1.4 billion in the first quarter of financial year 2025 (Q1 FY2025). The stronger revenue performance in the corresponding quarter last year was primarily attributable to accelerated construction progress from the Rapid Transit Systems (RTS) Link Project and several data centre projects. Despite the softer revenue recorded in the current quarter, the segment delivered commendable profitability improvement, with

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Profit Before Tax (PBT) rising 33% year-on-year to RM148.7 million and PBT margin improving to 15.6%.

Revenue for the Precast segment surged 136% to RM72.1 million in Q1 FY2026, compared to RM30.6 million in Q1 FY2025. The strong growth was fuelled by higher contributions from ICPH projects, alongside the progressive ramp-up from newly secured projects. Consequently, PBT increased fivefold to RM6.0 million during the quarter.

The Group declared a total dividend of 22.8 sen per ordinary share in the current quarter for financial year ending 31 December 2026, comprising a single-tier first interim dividend of 7.60 sen per ordinary share and a special dividend of 15.2 sen per ordinary share.

Sunway Construction Group Managing Director, Mr. Liew Kok Wing, commented, "We are pleased to start the year on a strong footing, underpinned by positive earnings momentum. The Group's healthy outstanding order book, coupled with robust order book replenishment, continues to provide strong visibility over our earnings growth trajectory. In the first quarter of 2026, the Group secured RM3.59 billion worth of new orders, achieving more than 50% of its 2026 order book replenishment target for the year."

He shared about the Group's prospects, "Malaysia has rapidly emerged as one of Southeast Asia's most dynamic data centre markets and continues to strengthen as a preferred destination for global hyperscalers. The nation's emphasis on accelerating energy transition and deepening the digital infrastructure ecosystem is expected to support the long-term sustainability of digital investment in Malaysia. Against this backdrop, the Group continues to strengthen its position within the nation's key growth sectors, particularly the Advanced Technology Facilities ("ATF") segment, while maintaining a diversified construction order book profile across various sectors, including Sunway Group's projects."

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He elaborated, "Within the ATF segment, the Group secured three new data centre projects and onboarded a new international hyperscale operator during the quarter, further strengthening its multinational technology client base. Sunway Construction has delivered more than 180MW of data centre capacity to date and is currently managing ten ongoing projects for global technology clients."

He concluded, "The Group remains cautiously optimistic on its performance for the remainder of 2026, supported by its healthy and diversified outstanding order book of RM8.157 billion. Nevertheless, the Group remains vigilant amid evolving geopolitical developments and the spillover effects arising from cost escalation and supply chain disruptions."

Translations

Liew Kok Wing, Sunway Construction Group Managing Director
廖国荣, 双威集团建筑董事总经理

Liew Kok Wing, Pengarah Urusan Kumpulan Sunway Construction

About Sunway Construction

Sunway Construction Group Berhad (SunCon) is Malaysia's leading vertically integrated construction group, listed on Bursa Malaysia on 28 July 2015. As an award-winning Group, SunCon has built on its expertise and experience for over four decades. SunCon provides a full range of design and construction services namely building, civil engineering / infrastructure, foundation and geotechnical engineering, mechanical, electrical and plumbing (MEP) services, sustainable energy services and manufacturing and sale of precast concrete products; offering quality end-to-end solutions for its clients as well as control over timely delivery.

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SunCon's construction services business is further strengthened by the use of Virtual Design and Construction (VDC), which is an advanced digital project management tool that promotes the exchange of information and upfront collaboration involving multiple facets of the construction phase.

It is an integrated approach in design, construction and facility management using software information models throughout the project lifecycle, enabling sharing of knowledge and resources in a digital representation where design, schedule and cost can be integrated at all phases and simulated digitally prior to the physical construction of a project. For more information on Sunway Construction, please log on to: www.sunwayconstruction.com.my

Important notice

Kindly read this media release in conjunction with the announcement released to Bursa Malaysia for a more comprehensive understanding of Sunway Construction Group's financial results.

This media release may contain certain forward-looking statements due to a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions; interest rate trends; cost of capital and capital availability including availability of financing in the amounts and the terms necessary to support future business; availability of real estate properties; competition from other companies; changes in operating expenses including employee wages, benefits and training, property expenses, government and public policy changes. You are cautioned not to place undue reliance on these forward-looking statements which are based on Management's current view of future events. Past performance is not necessarily indicative of future performance.

For media enquiries, please email:

media@sunway.com.my or

sunwaycomms@voxeureka.com