KUALA LUMPUR: Sunway Construction Group Bhd
expects its performance this year to be “slightly affected” by the Light Rail Transit line 3 (LRT3) project review after posting flat earnings in the second quarter.
Net profit in the three months ended June 30 was unchanged at RM35.86mil, despite a 30% jump in revenue to RM544mil. The lower profit margin, SunCon told Bursa Malaysia on Thursday, was due to the decline in profitability in its precast segment.
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