SunCon FY26 order book likely to beat estimates

TheStar Mon, Apr 20, 2026 12:00am - 3 weeks View Original


PETALING JAYA: Sunway Construction Group Bhd (SunCon) may see its order wins for the financial year ending Dec 31, 2026 (FY26) exceed expectations, driven by a robust data centre (DC) pipeline and potential upsizing of existing DC projects, according to CGS International (CGSI) Research.

Following an engagement with the group, the research house said SunCon’s RM6bil order win target for FY26 remains intact, with year-to-date wins of RM1.2bil as at April.

The group recorded RM5.2bil in contract wins for FY25.

CGSI Research noted that about 80% of SunCon’s RM17.5bil tender book continues to be driven by DC-related jobs, reflecting sustained demand from hyperscale operators.

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