Inta Bina latest job win expected to buoy revenue

PETALING JAYA: Inta Bina Group Bhd’s RM349mil building works project, which is the first construction job secured by the company this year, is expected to lift its total outstanding order book to about RM1.3bil, equivalent to 2.1 times financial year 2023’s (FY23) revenue, TA Research says.

Apart from this, the research house noted that assuming a pre-tax profit margin of 5.4%, the project is expected to contribute RM14.1mil in net profit throughout the construction period.