Its tender book stands at about RM7bil, and it be maintaining its internal new contract wins target of RM2bil for the present.
KUALA LUMPUR: While Sunway Construction Bhd has been given the green light by the government to resume full operations, the contractor's earnings is expected to be impacted by timing delays in income recognition and lower margin assumptions.
SunCon had been at a virtual standstill for six weeks since mid-March, which translates to a downtime of 11.5% of full-year productivity, said Kenanga Investment Bank Research in a Thursday note.
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