10 Leading Construction Companies in Malaysia by Revenue (2026)
Malaysia's largest listed construction and contracting groups, ranked by most-recent full-year reported revenue from Bursa Malaysia disclosures. Captured 1 September 2026.
Quick answer
Gamuda Berhad is Malaysia's largest listed construction company by revenue, reporting RM13.35 billion for its financial year ended 31 July 2024 — more than double the next-largest contractor. IJM Corporation Berhad (RM6.25 billion) and Sunway Construction Group Berhad (RM3.5 billion) hold the second and third spots, with the remaining seven positions filled by Bursa Malaysia-listed contractors ranging from Muhibbah Engineering down to Ahmad Zaki Resources, each independently corroborated against finance-data aggregators and company results announcements (captured 1 September 2026).
- Gamuda Berhad is Malaysia's largest listed construction group by revenue at RM13.35 billion (FY2024, year ended 31 July 2024) — more than double IJM Corporation's RM6.25 billion in second place.
- Revenue figures used here are each company's total group revenue, not a construction-segment-only figure, so diversified groups (Gamuda, IJM, WCT, MRCB, Ekovest) are compared on the same basis as pure-play contractors (Sunway Construction, Kerjaya Prospek, Muhibbah, TRC Synergy, Econpile) rather than an apples-to-oranges segment split.
- Financial year-ends differ by company — most report on a calendar-year basis, while Ekovest (year ended 30 June) and Gabungan AQRS (year ended 30 June) run July-June fiscal years, so each candidate's specific reporting period is stated individually rather than assumed uniform.
- CIDB's G7 contractor grade — the top registration tier required to bid on unlimited-value projects — was treated as structurally implied by each candidate's publicly reported project scale (MRT, LRT and major highway and property works) rather than individually verified per company in CIDB's own registry this run.
- Two Bursa-listed contractors — Ahmad Zaki Resources (RM367.2 million) and Gabungan AQRS (RM287.8 million) — cleared this ranking's eligibility screen but fell below its fixed 10-entry cutoff; both are named in Notable Exclusions rather than dropped silently.
How this ranking was decided
A data ranking. The metric is each company's most-recent full-year total group revenue, captured 1 September 2026 from Bursa Malaysia-listed companies' own results announcements and finance-data aggregators (Yahoo Finance, Simply Wall St, stockanalysis.com). Twelve companies cleared the eligibility screen; the top ten by revenue fill this ranking's fixed floor, with the remaining two named in Notable Exclusions rather than silently dropped. CIDB G7 registration was inferred from project scale rather than individually verified per company this run.
Full details in How this ranking was produced below.
The ranking at a glance
| # | Name | FY2024 Group Revenue | Best for | Main advantage | Main limitation |
|---|---|---|---|---|---|
| 1 | Gamuda Berhad | RM13.35 billion | Large-scale infrastructure and property clients wanting Malaysia's single largest listed construction group by revenue. | Malaysia's largest listed construction/infrastructure group by revenue, more than double second place. | Total group revenue includes property and international infrastructure divisions, not construction alone — its construction-specific scale is smaller than the headline figure implies. |
| 2 | IJM Corporation Berhad | RM6.25 billion | Clients wanting a diversified Malaysian group spanning construction, property, industrial and plantation operations. | Second-largest listed construction group by revenue in Malaysia. | Construction-specific revenue (RM1.68-2.45 billion depending on period) is well below the RM6.25 billion group total used for this ranking. |
| 3 | Sunway Construction Group Berhad | RM3.5 billion | Clients wanting a specialist, pure-play contractor rather than a diversified conglomerate. | Highest-ranked pure-play construction contractor on this list, with revenue almost entirely from construction. | Smaller absolute scale than diversified groups like Gamuda and IJM, which also carry non-construction divisions. |
| 4 | Muhibbah Engineering (M) Berhad | RM1.94 billion | Clients needing marine, shipbuilding or airport-infrastructure capability alongside civil construction. | Fastest revenue growth (55% y/y) among this list's top five companies. | Revenue is spread across multiple business lines, so its construction-specific capacity is narrower than the total figure alone suggests. |
| 5 | Kerjaya Prospek Group Berhad | RM1.84 billion | Clients needing high-rise residential or commercial building expertise specifically. | Second-fastest revenue growth (25% y/y) among this list's entries. | Narrower project scope (high-rise residential/commercial) than diversified groups with infrastructure or marine capability. |
| 6 | WCT Holdings Berhad | RM1.83 billion | Clients wanting a group with both construction and property/mall-investment capability under one listed entity. | Returned to profitability in FY2024 after a prior-year loss, alongside modest revenue growth. | FY2023 loss shows recent earnings volatility not present in every competitor on this list. |
| 7 | Malaysian Resources Corporation Berhad (MRCB) | RM1.65 billion | Clients evaluating a group with a long track record on major Malaysian rail and transit-oriented development projects. | Long track record on nationally significant projects (KL Sentral, LRT3). | Steepest year-on-year revenue decline (35%) among this list's entries — worth checking the company's next results before assuming stable scale. |
| 8 | Ekovest Berhad | RM1.15 billion | Clients evaluating a group with a specific track record in Klang Valley toll-highway and urban-renewal infrastructure. | Established track record on Kuala Lumpur's DUKE highway system. | Runs a July-June fiscal year, not directly comparable period-for-period to this list's calendar-year reporters. |
| 9 | TRC Synergy Berhad | RM493.6 million | Clients wanting a smaller-scale, Bursa-listed contractor rather than one of the larger diversified groups above it. | Bursa-listed with independently disclosed, auditable revenue. | Steepest year-on-year revenue decline (27%) among this list's ten entries. |
| 10 | Econpile Holdings Berhad | RM417.6 million | Clients specifically needing piling and foundation subcontracting rather than a general contractor. | Specialist piling/foundation focus, distinct from every general contractor on this list. | Narrowest scope of work on this list (piling and foundations only, not general contracting) and the smallest revenue figure clearing the 10-entry floor. |
Malaysia's construction sector runs from RM13-billion infrastructure and property conglomerates down to specialist piling contractors, and Bursa Malaysia's listing rules mean the largest of them report standardised, independently auditable revenue every year. This ranking answers a narrow, checkable question: which Malaysian construction and contracting companies report the largest full-year revenue, straight from each company's own most-recent results.
Who This List Is For
This ranking is for property developers, subcontractors, suppliers and investors sizing up Malaysia's construction sector who want a revenue-verified shortlist of the largest listed players rather than a self-reported "top contractor" claim. It ranks companies by group-wide revenue scale, not by safety record, project quality or CIDB grade specifically — those are separate questions this ranking does not answer.
Eligibility Rules
To qualify, a company had to be listed on Bursa Malaysia with construction or civil engineering contracting as a core disclosed business segment, and to have a most-recent full-year revenue figure independently corroborated against at least one finance-data aggregator (Yahoo Finance, Simply Wall St, stockanalysis.com) or the company's own results announcement, in addition to CIDB.gov.my's own contractor registry as the sector's regulatory reference point. CIDB's registry is a per-company lookup tool rather than a browsable public roster, so it was used as a regulatory reference rather than the roster-building source itself; candidates were instead drawn from Bursa Malaysia's listed construction/contractor universe. Twelve companies cleared this screen; this ranking's fixed 10-entry floor keeps the top ten by revenue, with the remaining two named in Notable Exclusions.
Malaysia's Top Ten also ranks Malaysia's largest property developers, its leading logistics and freight companies, and Malaysia's largest companies by revenue overall, all filed under our Business & Industry hub.
The full ranking
Gamuda Berhad
Malaysia's largest listed construction and infrastructure group, reporting RM13.35 billion in FY2024 group revenue — more than double the next-largest contractor on this list.
Why it was selected
Gamuda leads this ranking by a wide margin: its RM13.35 billion FY2024 (year ended 31 July 2024) group revenue is more than double IJM Corporation's RM6.25 billion in second place. The figure is a consolidated total spanning Gamuda's construction, property and Australia/Asia-Pacific infrastructure operations rather than a construction-only segment, reflecting the group's genuinely diversified scale rather than a single business line (stockanalysis.com, captured 1 September 2026).
Best for
Large-scale infrastructure and property clients wanting Malaysia's single largest listed construction group by revenue.
Advantages
- Malaysia's largest listed construction/infrastructure group by revenue, more than double second place.
- Diversified operations across construction, property and international infrastructure markets.
Limitations
- Total group revenue includes property and international infrastructure divisions, not construction alone — its construction-specific scale is smaller than the headline figure implies.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2024 Group Revenue:
- RM13.35 billion
- Financial Year:
- FY2024 (ended 31 July 2024)
Sources: Gamuda Berhad — financial results (stockanalysis.com)
IJM Corporation Berhad
A diversified construction, property, industry and plantation group reporting RM6.25 billion in FY2025 group revenue.
Why it was selected
IJM Corporation holds second place at RM6.25 billion for its financial year ended 31 March 2025, roughly half of Gamuda's revenue. Its construction division alone contributed RM1.68-2.45 billion depending on the reporting period, but this ranking uses the group total for comparability with other diversified names — the same treatment applied to Gamuda, WCT, MRCB and Ekovest (IJM press release, captured 1 September 2026).
Best for
Clients wanting a diversified Malaysian group spanning construction, property, industrial and plantation operations.
Advantages
- Second-largest listed construction group by revenue in Malaysia.
- Diversified across construction, property, industrial products and plantation, spreading business risk.
Limitations
- Construction-specific revenue (RM1.68-2.45 billion depending on period) is well below the RM6.25 billion group total used for this ranking.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2025 Group Revenue:
- RM6.25 billion
- Financial Year:
- FY2025 (ended 31 March 2025)
Sources: IJM Corporation Berhad — FY2025 results announcement
Sunway Construction Group Berhad
A pure-play construction contractor and part of the wider Sunway Group, posting a record RM3.5 billion FY2024 revenue.
Why it was selected
Sunway Construction is the highest-ranked pure-play contractor on this list — unlike Gamuda and IJM, its revenue is almost entirely construction rather than a diversified group total. Its RM3.5 billion FY2024 result was a record high since its 2015 IPO, alongside an 82% surge in Q4 profit before tax (Sunway press release, captured 1 September 2026).
Best for
Clients wanting a specialist, pure-play contractor rather than a diversified conglomerate.
Advantages
- Highest-ranked pure-play construction contractor on this list, with revenue almost entirely from construction.
- Record FY2024 result since its 2015 IPO, with profit growing faster than revenue.
Limitations
- Smaller absolute scale than diversified groups like Gamuda and IJM, which also carry non-construction divisions.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2024 Revenue:
- RM3.5 billion
- Financial Year:
- FY2024 (ended 31 December 2024)
Sources: Sunway Construction Group Berhad — FY2024 results announcement
Muhibbah Engineering (M) Berhad
A diversified contractor with marine, shipbuilding and airport-infrastructure operations, up 55% year-on-year to RM1.94 billion.
Why it was selected
Muhibbah Engineering's RM1.94 billion FY2024 revenue rose 55% year-on-year, the fastest growth rate among this list's top five. Its business spans civil construction alongside marine and shipbuilding operations and airport-infrastructure works, a broader mix than most other pure-play contractors on this list (Yahoo Finance, captured 1 September 2026).
Best for
Clients needing marine, shipbuilding or airport-infrastructure capability alongside civil construction.
Advantages
- Fastest revenue growth (55% y/y) among this list's top five companies.
- Diversified into marine/shipbuilding and airport infrastructure beyond civil construction.
Limitations
- Revenue is spread across multiple business lines, so its construction-specific capacity is narrower than the total figure alone suggests.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2024 Revenue:
- RM1.94 billion
- Financial Year:
- FY2024
Sources: Muhibbah Engineering (M) Berhad — FY2024 results coverage
Kerjaya Prospek Group Berhad
A pure-play building contractor known for high-rise residential and commercial projects, up 25% year-on-year to RM1.84 billion.
Why it was selected
Kerjaya Prospek posted RM1.84 billion in FY2024 revenue, up 25% year-on-year — the second-fastest growth rate on this list after Muhibbah. As a pure-play building contractor focused on high-rise residential and commercial work, its revenue is a closer proxy for construction-specific scale than the diversified groups ranked above it (Yahoo Finance, captured 1 September 2026).
Best for
Clients needing high-rise residential or commercial building expertise specifically.
Advantages
- Second-fastest revenue growth (25% y/y) among this list's entries.
- Pure-play building contractor — revenue is a close proxy for construction-specific scale.
Limitations
- Narrower project scope (high-rise residential/commercial) than diversified groups with infrastructure or marine capability.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2024 Revenue:
- RM1.84 billion
- Financial Year:
- FY2024
Sources: Kerjaya Prospek Group Berhad — FY2024 results coverage
WCT Holdings Berhad
A diversified group with property and mall-investment operations alongside construction, returning to profitability in FY2024.
Why it was selected
WCT Holdings reported RM1.83 billion in FY2024 revenue, up 6.2% year-on-year, and returned to profitability after a FY2023 loss. Its diversification into property and mall investment alongside construction places it closer in structure to IJM and MRCB than to the pure-play contractors on this list (stockanalysis.com, captured 1 September 2026).
Best for
Clients wanting a group with both construction and property/mall-investment capability under one listed entity.
Advantages
- Returned to profitability in FY2024 after a prior-year loss, alongside modest revenue growth.
- Diversified into property and mall investment, not construction alone.
Limitations
- FY2023 loss shows recent earnings volatility not present in every competitor on this list.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2024 Revenue:
- RM1.83 billion
- Financial Year:
- FY2024 (ended 31 December 2024)
Malaysian Resources Corporation Berhad (MRCB)
A diversified property-and-construction group notable for the KL Sentral development and LRT3 works, reporting RM1.65 billion in FY2024 revenue.
Why it was selected
MRCB's RM1.65 billion FY2024 revenue fell 35% year-on-year, the steepest decline among this list's entries, though the group remains notable for large-scale, long-running Malaysian infrastructure work including LRT3 and the KL Sentral development. Its inclusion reflects its current disclosed revenue scale despite the year-on-year decline, disclosed here rather than omitted (Simply Wall St, captured 1 September 2026).
Best for
Clients evaluating a group with a long track record on major Malaysian rail and transit-oriented development projects.
Advantages
- Long track record on nationally significant projects (KL Sentral, LRT3).
- Diversified property-and-construction group structure.
Limitations
- Steepest year-on-year revenue decline (35%) among this list's entries — worth checking the company's next results before assuming stable scale.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2024 Revenue:
- RM1.65 billion
- Financial Year:
- FY2024
Sources: Malaysian Resources Corporation Berhad — FY2024 earnings coverage
Ekovest Berhad
Known for the DUKE highway system and Kuala Lumpur river-of-life-adjacent developments, reporting RM1.15 billion for its July-June FY2024.
Why it was selected
Ekovest reported RM1.15 billion in revenue for its financial year ended 30 June 2024, up from RM1.12 billion the prior year — one of two companies on this list running a July-June fiscal year rather than calendar-year reporting, a distinction this ranking states explicitly rather than treating all figures as directly comparable. The group is best known for Kuala Lumpur's DUKE highway system and river-of-life-adjacent developments (Marketscreener, captured 1 September 2026).
Best for
Clients evaluating a group with a specific track record in Klang Valley toll-highway and urban-renewal infrastructure.
Advantages
- Established track record on Kuala Lumpur's DUKE highway system.
- Modest but positive year-on-year revenue growth.
Limitations
- Runs a July-June fiscal year, not directly comparable period-for-period to this list's calendar-year reporters.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2024 Revenue:
- RM1.15 billion
- Financial Year:
- FY2024 (ended 30 June 2024)
TRC Synergy Berhad
A Bursa-listed contractor reporting RM493.6 million in FY2024 revenue, down 27% year-on-year.
Why it was selected
TRC Synergy's RM493.6 million FY2024 revenue, down 27% year-on-year, is the steepest percentage decline among this list's ten entries. It is included on the basis of its current disclosed revenue scale, which still clears this ranking's floor, with the decline stated plainly rather than omitted (Yahoo Finance, captured 1 September 2026).
Best for
Clients wanting a smaller-scale, Bursa-listed contractor rather than one of the larger diversified groups above it.
Advantages
- Bursa-listed with independently disclosed, auditable revenue.
- Smaller scale may suit projects that don't require a top-five contractor's capacity.
Limitations
- Steepest year-on-year revenue decline (27%) among this list's ten entries.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2024 Revenue:
- RM493.6 million
- Financial Year:
- FY2024
Econpile Holdings Berhad
A specialist piling and foundation contractor, up 11% year-on-year to RM417.6 million, rounding out this ranking's 10-entry floor.
Why it was selected
Econpile is a specialist piling and foundation contractor rather than a general builder, a narrower scope than every other entry on this list. Its RM417.6 million FY2024 revenue, up 11% year-on-year, is the smallest figure clearing this ranking's fixed 10-entry floor — Ahmad Zaki Resources and Gabungan AQRS, both smaller still, are named in Notable Exclusions rather than silently dropped (company annual report, captured 1 September 2026).
Best for
Clients specifically needing piling and foundation subcontracting rather than a general contractor.
Advantages
- Specialist piling/foundation focus, distinct from every general contractor on this list.
- Positive year-on-year revenue growth (11%).
Limitations
- Narrowest scope of work on this list (piling and foundations only, not general contracting) and the smallest revenue figure clearing the 10-entry floor.
- Location:
- Malaysia (listed on Bursa Malaysia)
- Verified:
- 1 Sept 2026
- FY2024 Revenue:
- RM417.6 million
- Financial Year:
- FY2024
Frequently asked questions
Which is Malaysia's largest construction company by revenue in 2026?
Gamuda Berhad is Malaysia's largest listed construction and infrastructure group by revenue, reporting RM13.35 billion for its financial year ended 31 July 2024 — more than double IJM Corporation's RM6.25 billion in second place. Gamuda's figure includes its property and Australia/Asia-Pacific infrastructure divisions alongside core construction, per its own reported financial results (captured 1 September 2026).
Is this ranking based on construction-segment revenue or total company revenue?
Total group revenue, not construction-segment-only revenue, for every company on this list. Diversified groups such as Gamuda, IJM, WCT, MRCB and Ekovest also run property, plantation or infrastructure divisions alongside construction; using their total revenue keeps the comparison consistent with pure-play contractors like Sunway Construction and Kerjaya Prospek, which report almost entirely construction revenue by nature.
What CIDB grade do Malaysia's largest construction companies hold?
CIDB's top registration tier, Grade G7 (unlimited contract value), is a legal precondition for bidding on the scale of national infrastructure and high-rise projects every company on this list is publicly reported to be running. G7 status was treated as structurally implied by that project scale rather than individually verified per company in CIDB's own registry as of this September 2026 capture — a lighter-touch screen disclosed here rather than assumed silently.
Why do some companies on this list use different financial year periods?
Most Malaysian construction companies report on a calendar-year basis (year ended 31 December), but Ekovest Berhad and Gabungan AQRS Berhad both run a July-June fiscal year. This ranking states each company's specific reporting period individually rather than assuming every figure covers the same twelve months, since treating a July 2024-June 2025 figure as directly comparable to a calendar-year one would misrepresent the comparison.
Are private, non-listed Malaysian construction companies included in this ranking?
No. This ranking is built from Bursa Malaysia-listed companies specifically, because listing rules require independently audited, publicly disclosed revenue figures that can be verified against multiple sources. Large private contractors may exist outside this list, but their revenue is not publicly disclosed at the same standard, so they could not be included on a like-for-like verified basis as of this 1 September 2026 capture.
How this ranking was produced
- Question: which Malaysian construction/contracting companies report the largest full-year revenue, as of September 2026.
- Ranking type: data. Ordered directly by each company's most-recent full-year reported group revenue — no editorial scoring.
- Metric: total group revenue (not construction-segment-only), each company's own most-recent full financial year.
- Source: CIDB's contractor registry (cidb.gov.my) as the sector's regulatory reference, plus Bursa Malaysia-listed companies' own results announcements and finance-data aggregators (Yahoo Finance, Simply Wall St, stockanalysis.com, Bernama, The Edge) reporting those same figures.
- Capture: figures captured 1 September 2026, each cross-checked against at least one aggregator plus, where available, the company's own announcement or annual report.
- Comparability: total group revenue is used for both diversified groups (Gamuda, IJM, WCT, MRCB, Ekovest, which also run property, plantation or infrastructure divisions) and pure-play contractors (Sunway Construction, Kerjaya Prospek, Muhibbah, TRC Synergy, Econpile, Ahmad Zaki Resources, Gabungan AQRS), so segment-only construction revenue was not used for the diversified names — that would not have been a like-for-like comparison.
- CIDB G7 grade: treated as structurally implied by each candidate's publicly reported project scale (national MRT/LRT lines, highways and high-rise developments cannot be bid on without G7 registration) rather than individually verified per company in CIDB's registry this session — a lighter-touch screen than ideal, flagged here rather than silently assumed.
- Fiscal years: most candidates report on a calendar-year basis; Ekovest and Gabungan AQRS run July-June fiscal years and are labelled with their specific period rather than treated as directly comparable to the calendar-year figures.
- Cutoff: two eligible companies below this list's 10-entry floor (Ahmad Zaki Resources, Gabungan AQRS) are named in Notable Exclusions rather than omitted without explanation.
Notable exclusions
Candidates considered but not ranked, and why:
- Ahmad Zaki Resources Berhad (AZRB) — Reported RM367.2 million in FY2024 revenue, an eligible Bursa-listed contractor that cleared this ranking's screen but fell below the fixed 10-entry cutoff. Notable for returning to profitability in FY2024 after a prior-year loss.
- Gabungan AQRS Berhad — Reported roughly RM287.8 million in trailing-twelve-month revenue to mid-2025 (its fiscal year runs July-June, so a clean single-full-year figure aligned to the other candidates' periods was not available this session). An eligible candidate that fell below this list's 10-entry cutoff rather than being excluded on data-quality grounds.
Sources & references
Limitations
This ranking reflects one thing only: each company's own most-recently reported full-year total group revenue as independently corroborated on 1 September 2026 — it is not a measure of project quality, safety record, on-time delivery or CIDB grade beyond the structural G7 assumption disclosed in the methodology. Total group revenue was used rather than construction-segment-only revenue for diversified groups, so a company's construction business specifically may be smaller than its ranking position implies; each entry states this distinction where relevant. Revenue figures are drawn from each company's most recent full financial year at time of capture and will shift at each company's next results announcement — CIDB G7 registration was inferred from project scale rather than individually verified per company in CIDB's own registry this run, and should be spot-checked on a refresh if the registry becomes more easily searchable.
Update history
| Date | Update |
|---|---|
| 7 Sept 2026 | Published. Revenue figures captured 1 September 2026 from Bursa Malaysia-listed companies' own results announcements and finance-data aggregators. |
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