MRCB earnings seen picking up in Q4


Property support: MRCB expects its property segment to be a key earnings driver this year.

PETALING JAYA: Malaysian Resources Corp Bhd’s (MRCB) earnings are likely to pick up towards the fourth quarter, spurred by better recognition from its LRT3 project.

Hong Leong Investment Bank (HLIB) Research, in a report yesterday, said the completion rate of its LRT3 project stood at 30%, with 40% targeted by end-2020.

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