INTEGRATED sewage and solid waste management system specialist Pembinaan Jayabumi (Sarawak) Bhd (PJSB) is eyeing news jobs worth up to RM12mil total to add to its order book.
The jobs included the supply of sewage systems to government hospitals in Kluang and Sungai Petani and the Universiti Tunku Abdul Rahman campus in Kampar, its senior vice-president Datuk Muhammad Nong told reporters after PJSBs formal listing on the KLSE second board yesterday.
The company currently has an order book of RM20mil which Muhammad said would keep its production operations busy for the next two to three months.
PJSBs core business is the manufacture and installation of fibre reinforced plastic sewage treatment systems and reinforced concrete sewage treatment plants, underground petroleum storage tanks and environmental services.
PJSB, which has been turning in profits since 1988, expects to achieve a pre-tax profit of RM17.4mil on turnover of RM89mil for the current financial year ending Dec 31.
For the first half to June 30, it had posted a pre-tax profit of RM4.2mil on RM31.2mil in turnover.
It made a net profit of RM8.9mil on revenue of RM80.2mil in the previous financial year.
PJSB shares opened at RM2.30 on their market debut yesterday for a 60 sen premium over their initial public offer price of RM1.70.
The counter closed at RM2.24 on total volume of 15.8 million shares.