PETALING JAYA: Sunway Construction Group Bhd’s (SunCon) larger-than-expected order book replenishment could lift sentiment on the stock although the earnings impact will only be felt in full at least a year later.
Maybank IB Research said there was significant margin expansion on existing order book coming from value engineering breakthroughs.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!