Varia publishes 2026 annual report
Bitget2026/10/28 07:57- Varia delivered stronger performance in the year ended June 30, 2026, driven by accelerated construction progress and improved project margins.
- Construction remained the main earnings contributor, with an outstanding order book of RM 2.31 billion at June 30.
- Property development remained loss-making despite ongoing housing sales, while projects in Kuala Lumpur, Putrajaya and Johor broadened its portfolio.
- Borrowings increased to support higher working capital needs as construction activity peaked and property development expanded.
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