KAB eyeing higher revenue from SES segment


KUALA LUMPUR: Kejuruteraan Asastera Bhd (KAB) is eyeing higher revenue from the sustainable energy solutions (SES) segment once it completed the acquisition of its first mini hydropower plant in North Sumatera, Indonesia.

It said the segment contributed RM6.8 million or 3.9 per cent of KAB’s total revenue for the financial year ended Dec 31, 2021 (FY2021) which increased to 7.6 per cent or RM4 million in the first quarter ended March 31 this year and is anticipated to rise further.

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