Taliworks seen getting boost to bottom line from write-back

One of Taliworks

PETALING JAYA: Taliworks Corp Bhd’s estimated RM86mil net write-back in provisions from the new operations and maintenance (O&M) deal with Air Selangor could bump up its financial year 2018 (FY18) net profit by 112%, said CIMB Research.

This is assuming that the write-back occurs as a one-off in the fourth quarter of 2018 (Q4’18), which could lift FY18 net profit to RM163mil.