IJM Corp’s quarterly profit drops to near four-year low on large forex loss of RM61 mil - News Summed Up

IJM Corp’s quarterly profit drops to near four-year low on large forex loss of RM61 mil


KUALA LUMPUR (Feb 25): IJM Corporation Bhd (KL:IJM) has reported an 86.1% fall in quarterly net profit, dragged by substantially higher unrealised foreign exchange losses of RM60.8 million. Net profit for the third quarter ended Dec 31, 2025 (3QFY2026) fell to RM15.76 million from RM113.34 million a year earlier, according to a bourse filing on Thursday. It is the group's lowest since 4QFY2022 when the group posted a net profit of RM1.47 million. The huge unrealised forex losses in 3QFY2026 compares with losses of RM3.5 million a year earlier. For the nine months ended Dec 31, 2025, IJM Corp's net profit fell 35.45% to RM177.14 million from RM274.43 million a year earlier, despite revenue climbing 12.4% to RM5.01 billion from RM4.46 billion.


Source: The Edge Markets February 26, 2026 11:49 UTC



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