Ekovest eyes new infrastructure jobs as Q4 earnings rises


KUALA LUMPUR: Construction firm Ekovest Bhd, controlled by Tan Sri Lim Kang Hoo, is eyeing new infrastructure projects as on-going work on the Duta-Ulu Kelang Expressway (Duke) phase 3 and River of Life projects boosted earnings in the fourth quarter.

Net profit in the three-month ended June 30 (Q4FY19) jumped 42% to RM23.3mil compared with RM16.4mil made a year ago.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ekovest

Next In Business News

Is construction in the rain safe?
Easing access to home financing
Does colour matter?
When bad air becomes bad economics
The easy wins are over
Bond managers play it safe
Banks in the money
Matcha made in the moment
Elevated yields to stay
Greenback bounces back

Others Also Read