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.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Mudajaya wins appeal in fund misappropriation case
UOA Development terminates agreement for Komune Care Centre
MRCB completes RM1.58bil Bukit Jalil Sentral property acquisition
Genting unit launches US$1.5bil note buyback to refinance debt
ES Sunlogy’s secures LOA valued at RM107.5mil
Lotte Chemical Titan inks RM103.7mil naphtha deal with Indonesian unit amid supply risks
UOB facilitates over RM18bil FDI into JS-SEZ since 2024
Ringgit ends marginally lower vs US dollar
iCents launches Maytech cleanroom unit with RM15mil investment
A1 acquires land in Selangor for RM17mil to set up regional office

Others Also Read