Quick take: Kumpulan Powernet rises on news of RM175mil contract

KUALA LUMPUR: Shares in Kumpulan Powernet Bhd gained in early trade Tuesday as the company announced a contract win in Laos.

The counter added 3.11%, or seven sen to RM2.32. It is currently trading at a PE ratio of 21.77 times.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Business News
Wall Street jumps on Greenland framework deal
Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Stiff competition to reshape auto landscape
Maybank’s sustained returns growth ambition
Steel Hawk unit secures Sabah contract
Real estate credit hits US$79bil in 4Q
Oxford Innotech wins RM4.8mil data centre job
MAG makes new executive leadership appointments
KIP-REIT expects higher traffic at its malls

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.