Near-term earnings of EITA deemed not affected by LRT3 contract cut


PETALING JAYA: EITA Resources Bhd’s near-term earnings will not be affected despite a 65% slash in value to its light rail transit 3 (LRT3) contract.

CGS-CIMB Research in a report yesterday said the elevator manufacturer’s near-term earnings is expected to come from the installation of sub-station jobs.

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