SunCon earnings higher


The KVMRT construction is currently the countrys largest infrastructure project which is marked by lots of contracts and contractors to manage. MRTC is now getting everyone to toe the line when it comes to safety.

PETALING JAYA: Sunway Construction Group Bhd’s (SunCon) earnings improved in the third quarter ended Sept 30, as recent contract wins including work on a new light rail transit (LRT) line lifted its outstanding order book to a record high.

“We are confident about our continued good performance, which will be backed by opportunities in the current infrastructure boom coupled with an existing strong order book and a good track record in delivering projects,” group managing director Chung Soo Kiong said in a statement yesterday.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , sunway , earnings , construction , contracts , LRT ,

   

Next In Business News

Nasdaq, S&P set to open higher on tech boost, earnings glee
Sasbadi reports highest ever quarterly revenue
Aneka Jaringan leverages order book for growth
Chin Hin Group to develop two lands with combined GDV of RM1.08bil
CLMT 1Q net profit rises to RM33.49mil on higher occupancies, positive rental reversions
Ringgit ends marginally lower on firmer US dollar index
MoF: Govt to establish high-level facilitation platform to oversee potential, approved strategic investments
Meta Bright signs RM24mil leasing contract with Australia company
OCR Group to develop RM313mil residential project in Rawang
Legacy Credit emerges as substantial shareholder in VCI Global

Others Also Read