Solarvest expects RM11mil contribution


PETALING JAYA: Solarvest Holdings Bhd could book about 7% margins from its recent RM154mil contract under the fourth cycle of the large-scale solar programme (LSS4) in Perak.

Maybank IB Research expects Solarvest to receive RM10.8mil in net profit contribution to its financial year 2023 (FY23) and FY24 from the engineering, procurement, construction and commissioning (EPCC) contracts to develop the project.

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Solarvest , Energy ES , solar , renewable energy

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