UEM Edgenta’s earnings growth will also be supported by its robust orderbook of RM12.2bil, mainly from its healthcare and infrastructure services divisions, as well as operational efficiency through its advanced technology integration.
PETALING JAYA: UEM Edgenta Bhd
is expected to record strong earnings for the next three years as it stands to be the main beneficiary of the country’s economy reopening and the healthcare industry’s growth.
The total asset management and infrastructure solutions group is expected to see a compounded annual growth rate of 67% from 2021 to 2023 due to the low base effect from last year, with a healthy earnings before interest, taxes, depreciation and amortisation margin of 10% to 12%.
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