Fabrication and manufacturing segment contributed $772.0 million, up 33% y-o-y, attributed to higher domestic construction deliveries and contribution from its Malaysian subsidiary, Southern Steel Mesh Sdn Bhd (SSM), acquired back in last August. Trading segment increased 20% y-o-y to $159.0 million, boosted by increase in international trade.
BRC Asia (SGX:BEC
) has reported a net profit after tax of $52.0 million for 1HFY2026 ended March 31, an increase of 24% y-o-y.
Revenue grew 30% y-o-y and stood at a record of $931.0 million on a half year basis during the period. However, the growth was partially offset by lower steel prices, in line with a broad decline in global steel prices during the period.
