IJM Corporation Berhad Full Year 2025 Earnings: Misses Expectations

Simply Wall St · 08/05/2025 22:45

IJM Corporation Berhad (KLSE:IJM) Full Year 2025 Results

Key Financial Results

  • Revenue: RM6.25b (up 5.6% from FY 2024).
  • Net income: RM403.4m (down 33% from FY 2024).
  • Profit margin: 6.5% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses.
  • EPS: RM0.12 (down from RM0.17 in FY 2024).
revenue-and-expenses-breakdown
KLSE:IJM Revenue and Expenses Breakdown August 5th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

IJM Corporation Berhad Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 15%.

The primary driver behind last 12 months revenue was the Construction segment contributing a total revenue of RM3.47b (55% of total revenue). Notably, cost of sales worth RM4.67b amounted to 75% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling RM732.9m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how IJM's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Construction industry in Malaysia.

Performance of the Malaysian Construction industry.

The company's shares are up 6.3% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with IJM Corporation Berhad.