Paramount on strong footing, set for multi-year growth

PETALING JAYA: Paramount Corp Bhd (PCB) is expected to sustain multi-year growth with property sales, asset monetisation and investment in digital enterprises as the catalysts.

“With record unbilled sales of RM1.2bil and annual property sales of over RM1bil from financial year 2022 (FY22) onwards, the group is expected to post a core earnings compounded annual growth rate (CAGR) of 42% for FY21 to FY24,” said TA Research in a report.