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CIMB Research sees muted Q4FY18 earnings for construction firms


KUALA LUMPUR: CIMB Equities Research expects a muted Q4 FY18 earnings season for contractors due to the slowdown in billings, timing of contract renegotiations and slow job wins.

“We believe LRT 3 contractors would be most impacted though a reprieve could come in the form of the delayed RM800mil to RM1bil payment of claims,” it said on Tuesday.

Analyst Reports , Construction

   

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