Kimlun’s net profit forecast raised for FY22

In a filing with Bursa Malaysia, the group said the construction job, received from Samling Resources Sdn Bhd, is expected to be completed in the second quarter of 2025.

PETALING JAYA: Kimlun Corp Bhd’s earnings outlook is expected to brighten in the financial year (FY) 2022 as it has unbilled progress billings from projects secured last year.

This is amid improved visibility of the construction sectors income. It is also expected to benefit from the construction of the MRT3 as contracts may be awarded in FY23.