Greater earnings visibility from Gamuda's RM1.97bil job win

KUALA LUMPUR: Gamuda Bhd's contract award from Pengurusan Air Selangor valued at RM1.97bil is expected to provide even greater earnings visibility to the construction player over the next three years, said MIDF Research.

According to the research firm, the contract gives an added boost to the group's outstanding orderbook, which had already provided earnings visibility until FY26.