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Cypark to bank on RE segment to grow earnings


In its filing with the stock exchange on Monday, Cypark had said its profits rose due to improved performance in the landscaping and infrastructure division and the green tech and renewable energy business segment.

In its filing with the stock exchange on Monday, Cypark had said its profits rose due to improved performance in the landscaping and infrastructure division and the green tech and renewable energy business segment.

PETALING JAYA: Cypark Resources Bhd ’s earnings growth will be underpinned by its renewable energy (RE) segment from waste-to-energy facilities in Ladang Tanah Merah, according to PublicInvest Research.

The facilities are set to be commissioned after the second half of FY19.

Corporate News , cypark

   

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