Boost from project: The MRT 2 project has improved Gamuda’s earnings visibility over the six-year construction period.
PETALING JAYA: Gamuda Bhd
’s earnings in financial year 2017 ending July 31 (FY17) are expected to improve, driven by the Klang Valley Mass Rapid Transit Line 2 (MRT 2) project, analysts said.
According to analysts, Gamuda’s construction order book currently stands at RM8.2bil, of which the MRT 2 project is worth RM7.7bil.
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