Kelington’s order book to be replenished

Meanwhile, RHB Research expected the group’s 2Q22 core earnings to jump 18% to 30% year-on-year on stronger project recognition in Singapore, Malaysia and China as well as margins. (Piping installed by Kelington. - Filepic) instals piping

KUALA LUMPUR: Kelington Group Bhd is poised to replenish its order book over the next couple of months and into financial year ending Dec 31, 2023 (FY23), supported by its latest tender book of more than RM2bil.

The company’s order book replenishment is expected after factoring in stronger-than-expected year-to-date project wins, according to RHB Research.