KPS confident of 30% annual earnings growth


  • Business
  • Wednesday, 16 Jun 2004

Kumpulan Perangsang Selangor Bhd (KPS) is confident of maintaining a 30% annual earnings growth in the next few years, with the bulk of earnings coming from contracts worth nearly RM5bil that parent company Kumpulan Darul Ehsan Bhd (KDEB) is expected to clinch. 

The contracting jobs are the RM2.5bil Langat II scheme water project, to be undertaken by KDEB; and RM2.4bil West Coast Expressway project, to be awarded to a consortium led by Kumpulan Europlus Bhd, KDEB and Perak Corp Bhd under a shareholding of 60:20:20. 

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