PETALING JAYA: Hartanah Kenyalang Bhd
expects its prospects to be favourable in view of the positive outlook for the construction industry in Sarawak.
The company planned to grow its building and infrastructure construction activities and secure design as well as build projects from prospective clients.
For the first quarter ended Jan 31, 2025, the construction company saw a net profit of RM1.9mil, translating to an earnings per share of RM0.38 a share.
It registered a revenue of RM44.8mil for the quarter mainly attributed to its building construction services segment which contributed RM32.1mil or 72% of the group’s total revenue.
The revenue attributed to the building construction services segment mainly consisted of revenue recognised from the state archive project, Yayasan International School Sibu project, Yayasan International School Kuching project, Sekolah Daif Tambay project and Sekolah Daif Tebedu project.
