Contract wins to boost Wah Seong’s earnings


PublicInvest Research said the company’s results were below the research house’s and consensus estimates of a full-year profit of RM15mil and RM13mil, respectively. (File pic shows Wah Seong's pipe-coating operations.)

PETALING JAYA: Wah Seong Corp Bhd is expected to record better earnings in 2022, on the back of strong contract wins and easing business restrictions.

Despite a less-than-impressive earnings performance for the third quarter ended Sept 30, 2021, MIDF Research said Wah Seong’s contract wins remained its strongest points.

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