there is a big change in the latest report - building materials net margin tripled to 4.5% for the 1st time after so many qtrs; used to be ~1.5%. The last positive change observed was in the annual report 2025 whereby lower RPTs compared to previous years. If the positive change in the latest report is structural, building materials segment should continue to report higher net margin; resulting in higher profitability to the company. Logically, it should be structural given the design of the building materials segment - batching plants, customer contract and raw mat pricing, and operational efficiency. If it is one-off, the net margin will fall back to 1.5%. The real test will be the following 2 QRs - Q4FY26 and Q1FY27.

put it in freezer for now and no need to worry bout it. SG - JB RTS still need another year to complete. only see it then. my only bad decision was thinking it could at least give some dividends with its big stash of 77 millions cash. instead, the bod is keeping it for now.