PETALING JAYA, 25 FEBRUARY 2026 – WCT Holdings Berhad (“WCT” or “the Group”), an investment holding company with businesses in engineering and construction, property development and investment in and management of retail malls and hotels, recorded revenue of RM465.5 million for its fourth quarter ended 31 December 2025 (“Q4FY25”), compared with RM552.8 million in the preceding year’s corresponding quarter ended 31 December 2024 (“Q4FY24”). The Group recorded profit attributable to equity holders of RM10.0 million in Q4FY25, compared with RM57.3 million in Q4FY24.
For the financial year ended 31 December 2025 (“FY25”), the Group recorded higher revenue of RM1.97 billion, compared with RM1.83 billion in the preceding year (“FY24”), representing an 7.7% increase. The Group’s profit attributable to equity holders decreased to RM47.8 million in FY25, compared with RM227.9 million recorded in FY24. The higher profit in the preceding year was primarily attributable to a net gain after tax on remeasurement of interest in a jointly controlled entity amounting to approximately RM184 million.
For FY25, the Group’s Engineering and Construction Division recorded revenue of RM940.6 million (FY24: RM1.05 billion), representing 47.7% of the Group’s consolidated revenue, and achieved an operating profit of RM2.9 million, reversing from an operating loss of RM25.4 million in FY24.
Meanwhile, the Group’s Property Development Division achieved higher revenue and operating profit of RM806.8 million (FY24: RM516.2 million) and RM133.3 million (FY24: RM36.9 million). The growth in both the revenue and operating profit was primarily attributed to higher sales and billing, as well as land sales. To date, the Group’s unbilled sales stood at RM 959.8 million.
Dato’ Lee Tuck Fook, Group Managing Director, WCT Holdings Berhad said, “The healthy take-up rates for Adison (Phase 1B), W City Larkinton Johor Bahru, comprising residential units and retail shops reflect sustained demand for well-planned developments in strategic locations and reaffirm buyers’ confidence in WCT’s offerings.
The successful handover of The Maple Residences in WCity OUG @ Kuala Lumpur and Adenia apartments in Bandar Parklands, Klang further demonstrates our commitment to timely delivery.”
The Property Investment and Management Division recorded a lower revenue of RM225.6 million and an operating profit of RM67.1 million (FY24: RM268.5 million and RM370.4 million). The decline in revenue was primarily due to the absence of revenue contributions from Paradigm Mall Johor Bahru and Bukit Tinggi Shopping Centre after the injection into Paradigm REIT on 10 June 2025. Operating profit was lower year-on-year mainly due to a gain on dilution of interest in a joint venture amounting to RM184 million recognised in preceding year.
“While the Group continues to see steady contributions across our core divisions, we are well positioned to capitalise on resilient consumer spending and rising tourist arrivals. In line with the momentum of the Visit Malaysia Year 2026 initiative, we anticipate stronger performance across our retail malls and hotel portfolio, driven by higher footfall and increased occupancy rates,” Dato’ Lee concluded.
