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For Q3, Dengkil reported revenue of RM40.6 million, a decline from RM48 million compared to Q2, mainly due to lower contributions from the construction segment as projects neared completion, and reduced trading activity after a major customer project ended. PAT came in at RM2.1 million, but after adjusting for one-off IPO listing expenses, core PAT stood at RM2.9 million — comparable to the RM3.4 million recorded in the previous quarter.
Wawasan Dengkil recorded RM40.63 million in revenue, mainly from its construction services, which include major infrastructure projects like the LRT Line 3 and property developments in Sungai Long and Setia Alaman
Dengkil can leverage its track record from the Central Spine Road Project and LRT Line 3 to secure more projects, such as the Penang LRT infrastructure and the JSSEZ action plan, and maybe tap into large-scale projects, including LRT, MRT, ART, or BRT systems too