SunCon said its outstanding order book now stands at RM5.1bil, with RM2.3bil new orders secured up to December 2020.
PETALING JAYA: Sunway Construction Group Bhd
’s (SunCon) net profit for its fourth quarter ended Dec 31,2020, stood at RM30.20mil compared with RM31.64mil in the previous corresponding period, while revenue rose to RM627.24mil from RM485.94mil a year earlier.
In a filing with Bursa Malaysia yesterday, SunCon said its revenue increase was due to the construction segment, while the group’s blended margin for the current quarter declined due to the construction segment.
“Higher turnover in the current quarter was mainly contributed by the final settlement for our Uttar Pradeshproject in India through a conciliatory process and building division in the northern region, from the ramping up of progress for both the Sunway Carnival Mall Extension and the Sunway Medical Centre Seberang Jaya projects.”
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