KUALA LUMPUR: Taliworks Corp Bhd's net profit surged 85.5 per cent to RM45.02 million for the third quarter ended Sept 30, 2025 from RM24.25 million a year ago, even as revenue declined.

Its revenue fell to RM110.85 million, down 29.9 per cent from RM158.0 million, mainly due to the toll highway segment, where the Grand Saga Highway did not receive government compensation this year.

The decline was partially offset by the construction segment, which saw revenue rise to RM30 million from RM21.3 million, driven by progress on Packages 2 and 3 under the Sungai Rasau Water Supply Scheme Phase 1 Project.

The company declared a third interim single-tier dividend of 0.5 sen per share, amounting to RM10.08 million, to be paid on Dec 24, 2025.

Taliworks executive director Kevin Chin said despite the lower revenue, the company's financial position remains supported by its diversified business segments.

"The group continues to explore value accretive projects to expand its footprint in the water treatment and supply, construction and renewable energy segments.

"For its construction business, Taliworks is actively participating in tenders for infrastructure-related projects to boost its order book.

"With all this, we are cautiously optimistic about the growth opportunities across all our business segments," he added.