Ireka Corp Bhd is back on the profit path given that its core construction division has turned around after taking a hit from losses in external projects in the past few years.
Research house Asia Analytica said in a recent report that the company was expected to register an operating profit of RM29.6mil for the financial year ending March 31, 2009 (FY09) against losses of RM10.3mil in FY08 and RM31.7mil in FY07.
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