By Business Segment

The Group is organised into the following two main business segments, and substantially all of the Group’s revenue is derived in Malaysia.

  1. Heavy Engineering segment
    Provision of services for oil and gas engineering, and construction works.
  2. Marine segment
    Provision of marine conversion works and repair services.
Financial Year Ended 31 December 2026 2025 2024 2023 2022
  3 months
(unaudited)
12 months
(Actual)
12 months
(Actual)
12 months
(Actual)
12 months
(Actual)
Presented in RM'000          
Heavy Engineering 423,209 1,415,785 3,186,592 2,985,525 1,314,791
  81.09% 71.64% 88.31% 90.21% 79.61%
Marine 98,723 560,478 421,969 323,867 336,852
  18.91% 28.36% 11.69% 9.79% 20.39%
Total Revenue 521,932 1,976,263 3,608,561 3,309,392 1,651,643