PETALING JAYA: The recent win of a contract worth over RM1bil by Wah Seong Corp Bhd for pipeline thermal insulation services in Africa has increased its order book to over RM2.7bil.
It is not clear how the new project will impact the group’s earnings this year and going forward but it is a positive development for Wah Seong as it needs more contracts for sustainability of future profits.
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!