KUALA LUMPUR: Gamuda Bhd’s decline in earnings for the first half of financial year ending July 31,2021 (FY21) could be just a bump on the road as its performance is expected to improve in the second half of the year, driven by a pick-up in construction activities and property sales as well as strong order book replenishment prospect.
The company’s net profit for the first half ended Jan 31,2021 contracted 33% year-on-year (y-o-y).
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